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There is $257 in your account and you earn simple interest of 3.2% for 5 years. What is your new balance?
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There is $257 in your account and you earn simple interest of 3.2% for 5 years. What is your new balance?

User Kurrodu
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Answer:

I am not 100% sure but I think that the answer is $298.12

User Andreoss
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