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25 August, 13:56

you invest $2300 in an account at 1.5% per year simple interest. the eqaution that represents this scenario is. How much will you have in the account in year 7? Round your answer to the nearest dollar

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  1. 25 August, 14:24
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    = $2,541.5

    Step-by-step explanation:

    I = P * T * R/100

    I = 2300*7 * 1.5/100

    I = $241.5

    Total amount in the account will be $2300 + $241.5

    = $2,541.5
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