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Mathematics 12 Online
OpenStudy (anonymous):

Shane invests $11,000 in bonds that earn simple interest of 6%. The interest is payable at the maturity of the bonds after 5 years. Find the total amount that Shane will receive at the end of 5 years.

OpenStudy (anonymous):

$3300

OpenStudy (anonymous):

multiply 11,000 by .06 then multiply that by 5

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