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OpenStudy (anonymous):
Valentina invested $6500 in a savings account with a yearly interest rate of 4% for 7 years. How much simple interest did she earn?
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jimthompson5910 (jim_thompson5910):
I = P*rt I = 6500*0.04*7 ... plug in P = 6500, r = 0.04, t = 7 I = ??
OpenStudy (anonymous):
\[0.04\times6500\times7\] = 1820
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