jnavarro0165
Answered

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An investment of $1,500 is earning 7% simple interest each year. How much will the investment be worth after one year?
A.$105
B.$1,605
C.$2,550
D.$10,500

Sagot :

Answer:

B

Step-by-step explanation:

1500 * 0.07 = 105

105 + 1500 = 1605

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