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You invest $ 1 5 , 0 0 0 on December 2 , 2 0 2 0 at a simple interest rate of r =

You invest $15,000 on December 2,2020 at a simple interest rate of r=6%. Interest is to be calculated using ordinary interest (banker's rule). What is the
accumulated value of your investment on June 12,2021?
Multiple Choice
$15,407.50
$15,473.42
$15,477.53
$15,480.00
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