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5 August, 09:45

Jose deposits $8000 into an account that pays simple interest at a rate of 4% per year. How much interest will he be paid in the first six years?

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Answers (2)
  1. 5 August, 09:57
    0
    The amount of interest that he will pay is 1,920.
  2. 5 August, 10:09
    0
    The answer is 1920. glad to assist you
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