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Rick deposited $1500 in a savings account that earns 6% interest for 4 years. How much money is in his account at the end of the 4 years?

1 Answer

4 votes

Answer:

$5820

Explanation:

1500*6%=90 per month

90*(48months=4yrs)=4320

1500+4320=5820

User Antoine Laffargue
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