SOLUTION: Leila deposits $6000 into an account that pays simple interest at a rate of 6% per year. How much interest will she be paid in the first 6 years?

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Question 910798: Leila deposits
$6000
into an account that pays simple interest at a rate of
6%
per year. How much interest will she be paid in the first
6
years?




Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
I = Prt = 6000%2A.06%2A1yr = $36