You invest $1000 in an account at 2.5% per year simple interest. How muchwill you...

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You invest $1000 in an account at 2.5% per year simple interest. How muchwill you have in the account at the beginning of the 4th year? Round youranswer to the nearest whole dollar.A. $1163B. $3250C. $1088D. $1075

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