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$ 2 , 0 0 0 is deposited into a savings account for one year at a simple interest rate of 5 % . a
$ is deposited into a savings account for one year at a simple interest rate of a What is the value of the savings account at the end of the year? b What is the value of the savings account at the end of five years? c What is the interest paid on this account at the end of five years?
$ is deposited into a savings account for one year at a simple interest rate of
a What is the value of the savings account at the end of the year?
b What is the value of the savings account at the end of five years?
c What is the interest paid on this account at the end of five years?
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