Mathematics, 11.06.2021 18:30, econsta3

Janine places a $4000 investment into a bank account that earns 6% annual interest and only withdraws her money after 10 years.
How much money will the investment be worth if:

18) The bank offers simple interest

A) $7288.5
B) $7277.6
C) $7823.1
D) $6400

Answers: 2

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Janine places a $4000 investment into a bank account that earns 6% annual interest and only withdra...