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Finance 1. What is the simple interest in year two on a ( $ 6,000 ) investment if the interest rate is ( 5.0 %

Finance 1. What is the simple interest in year two on a \( \$ 6,000 \) investment if the interest rate is \( 5.0 \% \) ? a. \( \$ 20 \) b. \( \$ 30 \) c. \( \$ 220 \) (d) \( \$ 300 \) 2. What is the compound 1 answer

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