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24 April, 01:46

Jon invests $4,100 into an account that pays 5 percent simple interest each year. what is the total balance in the account after 3 years?

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  1. 24 April, 01:55
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    A=P (1+r/n) ^nt

    A=4100 (1+.05/1) ^1 (3)

    A=4746.26
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