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27 February, 08:14

jina deposits $300 into an account that pays simple interest at a rate of 5% per year. How much interest will she be paid in the first 6 years?

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  1. 27 February, 08:34
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    Answer:402.03

    Step-by-step explanation:

    Increasing by 5% is just multiplying by 1.05 then you repeat step for x amount of years
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