SOLUTION: You invest #300 into a 2 year certificate of deposit that earns 6.5% simple annual interest. What is the balance at the end of 2 years?

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Question 732321: You invest #300 into a 2 year certificate of deposit that earns 6.5% simple annual interest. What is the balance at the end of 2 years?
Answer by lynnlo(4176) About Me  (Show Source):