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Kaylee opened an account with a deposit of $800. The bank pays 4% annual simple interest on this account. Kaylee makes no additional deposits or withdrawals. How much interest will the account have earned
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Kaylee opened an account with a deposit of $800. The bank pays 4% annual simple interest on this account. Kaylee makes no additional deposits or withdrawals. How much interest will the account have earned at the end of 6 years?

User Gerneio
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5 votes
The answer is 32.00
User Richliaw
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