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Mathematics, 19.05.2021 18:00 jetblackcap

Bobby is a freshman in high school and he just received $500 for graduation from middle school from his grandparents. He wants to save his $500 for college in 4 years If he deposits his $500 into a simple interest savings account for the next 4 years that has a rate of 2.85%. How much will he have in his account after 4 years?

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