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    Lisa Deposited $500 in a Savings Account This Morning
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Lisa Deposited $500 in a Savings Account This Morning

Question 170

Question 170

Multiple Choice

Lisa deposited $500 in a savings account this morning. The account pays 2.5% simple interest. If Lisa leaves this money in the account for five years, how much total interest will she earn?


A) $10.75
B) $12.50
C) $53.75
D) $62.50
E) $67.25

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