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You place $1000.00 into an account that pays 4.5% in simple interest. How much interest do you get after 5 years? $1246.18 $246.18 $1225.00 $225.00

You place $1000.00 into an account that pays 4.5% in simple interest. How much interest do you get after 5 years? $1246.18 $246.18 $1225.00 $225.00 None of the other answers are correct

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