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Mathematics, 09.10.2019 19:10 goofy44

Enrique’s parents want to save for his education. on his 12th birthday, they deposit $6,000 in a savings account that pays 5% simple annual interest. what will the balance be when he turns 18?
a. $1,800
b. $3,000
c. $7,800
d. $9,800

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