SOLUTION: Shelia deposits $300 in an account that earns 7.5% simple interest. how much interest will her money earn in 5 years
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Question 330589: Shelia deposits $300 in an account that earns 7.5% simple interest. how much interest will her money earn in 5 years
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
The future value is $430.69.
So she'll earn $130.69 in interest.
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