SOLUTION: James invests $12,000 at 9% simple interest for 1 year. How much is in the account at the end of the 1 year period?

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Question 942001: James invests $12,000 at 9% simple interest for 1 year. How much is in the account at the end of the 1 year period?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
FV=12000*1.09
FV=$13,080