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as sT Tony deposits $3000 into an acCount that pays simple interest at an annual...

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Finance

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as sT Tony deposits $3000 into an acCount that pays simple interest at an annual rate of 49%, He does not make aniy more deposits. The the end of 2 years when he withdraws all the money Answer the following questions. If necessary, refer to the ist of financial formolas X (a) How much total interest will Tony earn? (b) What will the total amount in the account be (including interest)? Submt Assignment Save For Leter Example

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