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Mathematics, 25.11.2020 14:00 shelovejaylocs

Mr. Florean opened an account with deposit of $5,000. The account earned 7.5% annual simple interest. He did not make any additional deposits or withdrawals. After some time, the balance of the account was $6,500. How many years did it take for mr. Flores to have a balance of $6,500?

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Mr. Florean opened an account with deposit of $5,000. The account earned 7.5% annual simple interest...

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