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an investor puts 4,500 into a life insurance policy that pays 8.25% simple annual interest. if no investment is made into the policy, how much accumulated interest should the investor. expect at the end of 8 years

an investor puts 4500 into a life insurance policy that pays 825 simple annual interest if no investment is made into the policy how much accumulated interest s class=

Respuesta :

Answer:

H

Step-by-step explanation:

4500 - 100%

x - 8.25%

[tex] \frac{4500 \times 8.25}{100} = 371.25[/tex]

[tex]371.25 \times 8 = 2970[/tex]

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