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October 1, 2014

October 1, 2014

Posted by **Kate** on Tuesday, July 12, 2011 at 9:00am.

- Math -
**Reiny**, Tuesday, July 12, 2011 at 9:17amsince it is simple interest, the annual increase in the account would be .05(500) or $25

so in an A.S.

a = 500

d = 25

n = 20

term(20) = a+19d = 500 + 19(25) = 975

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