SOLUTION: Kristina invests $15,000 at 7% simple interest for 1 year. How much is in the account at the end of the 1 year period?
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Question 733951: Kristina invests $15,000 at 7% simple interest for 1 year. How much is in the account at the end of the 1 year period?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
I=15000*0.07*1
I=1050
15000+1050=$16050
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