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Break down with formula 6. You deposit $2100 in a savings account paying 5.5% simple interest. The solution to this problem is not accomplished by

Break down with formula

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6. You deposit $2100 in a savings account paying 5.5% simple interest. The solution to this problem is not accomplished by an excel formula. Use the formula I = PRT where T is in years a) How much interest will you earn in 18 months? b) How much will be in your account at the end of 18 months

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