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Elektra
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Mona opened a savings account with a $500 deposit and a simple interest rate of 5.6% if there were no deposits or withdrawals how much money is in the account after 8 1/2 years I= ( 500)(.056)(8.6) 500 x .056=28 28 x 8.6= $240.80 7th grader Age 13 :)