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Please help with the following: Tony deposits $7000 into an account that pays simple interest at an annual rate of 6%. He does not make

Please help with the following:

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Tony deposits $7000 into an account that pays simple interest at an annual rate of 6%. He does not make any more deposits. He makes no withdrawals until the end of 2 years when he withdraws all the money. Answer the following questions. If necessary, refer to the list of financial formulas. (a) How much total interest will Tony earn? X S ? $0 (b) What will the total amount in the account be (including interest)? $l]

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