dmarch03 dmarch03

22-07-2021
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An account pays 9% per year simple interest. In year 1, the amount in the
account is $750. How much is in the account in year 6?
O A. $1128.43
B. $1153.97
C. $1045.50
D. $1087.50

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august15 august15

22-07-2021

D, simple interest is merely the percentage of the initial value added per period of time, you can find 9% of 750 by multiplying 750 by .09

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