Sara deposited $3000 in an account that earns 5.5% simple interest. How much money will be on Sara's account (Principle + interest) in 5 years from now? Round to the nearest cent.
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Sara deposited $3000 in an account that earns 5.5% simple interest.
How much money will be on Sara's account (Principle + interest) in 5 years from now?
Round to the nearest cent.
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- Yolanda deposited $1,600 at the end of each six months for 2 years in a savings account. If the account paid 8% interest, compounded semiannually, use Table 12-1 to find the future value of her account. (Round your answer to the nearest cent.) qu Need Help? Read It Watch It Master ItIf Laura invests $1,230.00 in an account earning 2.95% simple interest, how much money will be her account after 2 years? After 6 years? After 2 years: After 6 years:Derek will deposit $1,169.00 per year into an account starting today and ending in year 5.00. The account that earns 7.00%. How much will be in the account 5.0 years from today?
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