monika3 monika3

09-03-2017
Mathematics

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Jose deposits $8000 into an account that pays simple interest at a rate of 4% per year. How much interest will he be paid in the first six years?

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fighterjel fighterjel

09-03-2017

The answer is 1920. glad to assist you

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maddytaylor315 maddytaylor315

09-03-2017

The amount of interest that he will pay is 1,920.

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