Mathematics, 01.11.2019 04:31, 400516

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 6%. after 9 years, the interest earned on the account was $3,780. how much money did mike's grandmother deposit in the account?

a. $7,500
b. $8,000
c. $7,000
d. $6,000

Answers: 2

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