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Type: Multiple-Choice
Category: Percents
Level: Grade 7
Standards: 7.RP.A.3
Tags: simple interest
Author: patty172004
Last Modified: 6 months ago

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Grade 7 Percents CCSS: 7.RP.A.3

Jose deposits $1,500 of his tax refund into an account that earns simple annual interest. How much interest will his account earn after 6 years at an annual interest rate of 4%?
  1. $360
  2. $365
  3. $36
  4. $380
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