Laura invests $2,000 in a bank account where she earns simple interest at a rate of 6.4% per year.   In total, how much interest will Laura receive after 18 years?   $     In total, how much will be in Laura's account after 30 years?   $

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
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Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.49TI: Nathaly deposited $12,500 in her bank account where it will earn 4% simple interest. How much...
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Laura invests $2,000 in a bank account where she earns simple interest at a rate of 6.4% per year.
 
In total, how much interest will Laura receive after 18 years?
 
$
 
 
In total, how much will be in Laura's account after 30 years?
 
$
 
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