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    Today, You Deposit $2,500 in a Bank Account That Pays
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Today, You Deposit $2,500 in a Bank Account That Pays

Question 56

Question 56

Multiple Choice

Today, you deposit $2,500 in a bank account that pays 3.6 percent simple interest.How much interest will you earn over the next 5 years?


A) $90.00
B) $120.00
C) $450.00
D) $483.59
E) $492.27

Correct Answer:

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