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23 September, 17:57

you invest $1000 in an account at 2.5% per year simple interest. How much will you have in the account at the beginning of the 4th year? Round your answer to the nearest whole dollar. A. $1075 B. $3250 C. $1088 D. $1163

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  1. 23 September, 18:19
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    Step-by-step explanation:

    I = PRT

    P = 1000

    R = 2.5% or 0.025

    T = 4

    I = (1000) (.025) (4)

    I=100

    1000+100=1100

    but the answer choices?
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