A student put $1,200 in a savings account paying simple interest of 4.5% per year. Find the total amount of the student's savings after 5 years.

asked May 8, 2021 209k views

1 vote

A student put $1,200 in a savings account paying simple interest of 4.5%

per year. Find the total amount of the student's savings after 5 years.

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4 votes

Answer:

$6,564.85

Explanation:

Sofija answered May 14, 2021

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