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23 December, 14:31

You deposit $5,000 in an account that earns 6.5% simple interest. How much will be in the account after 3 years.

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  1. 23 December, 14:41
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    I=prt. Interest equals percent, rate, and time. Your R is 6.5 divided by 100, which is. 065 in decimal form. Your P is 5,000. And your T is 3 ...065x5,000x3 is 975. 975 is your answer.
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