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Mathematics, 14.04.2021 14:00 dlatricewilcoxp0tsdw
An investor puts $4,500 into a life insurance policy that pays 6% simple annual interest. if no additional investment is made into the policy, how much accumulated interest should the investor expect at the end of 15 years?
A) $4,050
B) $40,500
C) $4,500
D) $405,00
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Answers: 3
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