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You invest $7,800 for 8 years in an account that pays 6% simple interest annually. How much interest will you earn in year 5? O

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You invest $7,800 for 8 years in an account that pays 6% simple interest annually. How much interest will you earn in year 5? O $590.84 O $468.00 O $579.00 cannot be determined without knowing the compounding periods

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