Question 961390
Maya deposits 
$4000
 into an account that pays simple interest at a rate of 
3%
 per year. How much interest will she be paid in the first 
6
 years?
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I = P*r*t
Interest = 4000*0.03*6 = 4000*0.18 = $720.00
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Cheers,
Stan H.
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