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Olivia deposited $800 at her local credit union in a savings account at the rate of 6.2% paid as simple interest . She will earn
Olivia deposited $800 at her local credit union in a savings account at the rate of 6.2% paid as simple interest. She will earn interest once a year for the next 7 years. If she were to make no additional deposits or withdrawals, how much money would the credit union owe Olivia in 7 years?
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