Marcia has a simple interest savings account that she initially deposited $1,300. What is the total interest earned she earned after 5 years if the account paid an annual interest rate of 4.6%.
Marcia has a simple interest savings account that she initially deposited $1,300. What is the total interest earned she earned after 5 years if the account paid an annual interest rate of 4.6%.
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section: Chapter Questions
Problem 430PT: Melinda deposited $5,985 in a bank account with an interest rate of 1.9%. How much interest was...
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Marcia has a simple interest savings account that she initially deposited $1,300. What is the total interest earned she earned after 5 years if the account paid an annual interest rate of 4.6%.
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