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A teacher deposits $3,000 in a retirement fund. If she doesn't add any more money to the fund, which earns an annual interest rate of 6%, how much money would she have in 1 year? (show solution please) A. $180 B. $3,006 C. $3,180 D. $6,000
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take 6% of 3000 and add that to the original 3000 3000(.06) = ? 3000 + ? = the answer
C, 3,180? :)
c
thanks
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