Faith Invests $4,500 in an Account That Pays 4% Simple

question 197

Multiple Choice

Faith invests $4,500 in an account that pays 4% simple interest. How much money will she have at the end of eight years?

• A) $4,680
• B) $5,367
• C) $5,940
• D) $6,122
• E) $6,159

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