Frank Invests $2,500 in an Account That Pays 6% Simple

question 210

Multiple Choice

Frank invests $2,500 in an account that pays 6% simple interest. How much money will he have at the end of four years?

• A) $2,650
• B) $3,100
• C) $3,156
• D) $3,163
• E) $10,600

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Definitions:

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