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28 August, 16:13

Martha invested a principal amount of $15,000 into a savings account that earns simple interest at a rate of 4.5% per year. How much money will she earn in interest over 6 years?

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  1. 28 August, 16:19
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    I=prt

    I=15,000*0.045*6

    I=4,050
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