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02-11-2017
Mathematics

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Lorraine invested $5500 in a savings account with a yearly interest rate of 6% for 9 years. How much simple interest did she earn?

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Thirdeyeblindness Thirdeyeblindness

02-11-2017

5500 x 6% = 330
330 x 9 = 2970
So your answer would be 2970. Hope this helps!

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