Mathematics, 05.05.2021 22:30 brebun4742
5
Mike's grandmother opened a savings account in Mike's name and deposited some money into the account. The account pays an
annual simple interest rate of 6%. After 13 years, the interest earned on the account was $4,680. How much money did Mike's
grandmother deposit in the account?
A. $6,000
B. $6,500
C. $7,000
D. $5,000
Answers: 3
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