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chloew3:
Mickey deposited $782.11 in a savings account that earns 4.3% simple interest. What is Mickey's account balance after 16 years?
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Narad:
The interest is =\[782.11*4.3*16/100=538.09 $\] The account balance after 16 years is \[=782.11+538.09 = 1320.20$\]
fwval:
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