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An account pays 9% per year simple interest. In year 1, the amount in the account is $750. How much is in the account in year 6? O A. $1128.43 B. $1153.97 C. $1045.50 D. $1087.50
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Oct 28, 2022
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An account pays 9% per year simple interest. In year 1, the amount in the
account is $750. How much is in the account in year 6?
O A. $1128.43
B. $1153.97
C. $1045.50
D. $1087.50
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Sistina
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Answer: D
$1087.50
Step-by-step explanation:
Gastush
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Oct 29, 2022
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D, simple interest is merely the percentage of the initial value added per period of time, you can find 9% of 750 by multiplying 750 by .09
MojioMS
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Nov 2, 2022
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