Answered

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Mike's grandmother opened a savings account in Mike's name and deposited some money into the account. The account pays an annual simple interest rate of 3%. After 11 years, the interest earned on the account was $660. How much money did Mike's grandmother deposit in the account?
A.
$2,000
B.
$3,000
C.
$2,500
D.
$1,000

Sagot :

DarkBlossoms

Answer: My best guess is a, but i would look into it more.

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