document.write( "Question 1071993: $1500 is deposited in an account earning 4.5% annual interest. If the money earns simple interest and remains in an account for 5 years, how much will be in the account at the end of 10 years. \n" ); document.write( "
Algebra.Com's Answer #687144 by ankor@dixie-net.com(22740)\"\" \"About 
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$1500 is deposited in an account earning 4.5% annual interest.
\n" ); document.write( " If the money earns simple interest and remains in an account for 5 years,
\n" ); document.write( "A = 1500*1.045^5
\n" ); document.write( "A = $1869.27
\n" ); document.write( " how much will be in the account at the end of 10 years.
\n" ); document.write( "A = 1500*1.045^10
\n" ); document.write( "A = $2329.45
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