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Tim deposited $2,500 into an account. He made no additional deposits or withdrawals. Tim earned 5.25% annual simple interest on...Asked by pp
Tim deposited $2,500 into an account. He made no additional deposits or withdrawals. Tim earned 5.25% annual simple interest on the money in the account. What was the balance in dollars and cents in Tim’s account at the end of 5 years?
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