Karen deposits $375 into a savings account which earns simple interest at a rate of 4% per year. She wants to use the interest to buy a new camera. Which price camera could Karen buy at the end of 5 years? SELECT THREE!!.
B.$52 ***
D.$75 ***
E.$320 ***
F. $249

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  1. I = P*r*T = 375*0.04*5 = $75.
    Ans.: B,C, and D.

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  2. What is the whole test anwsers

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