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Michael deposited $250 into a bank account that has a simple interest rate of 5%
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5 votes
Michael deposited $250 into a bank account that has a simple interest rate of 5%

User Imelda
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1 Answer

3 votes

Answer:$12.50 cents interest

Explanation:

5% of $250 is 12.5 or $12.50

User Pratik Bhalodiya
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