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Doug invested $7,000 in an account paying 5.5% simple interest annually. If Doug leaves his money in the account for 6 years, how much interest will he accumulate

Sagot :

Answer:

Doug will have $9,651 after 6 years.

Step-by-step explanation:

it's hard to explain it step-by-step, but you can watch a video on it if you want to know how to do it.