Dwayne wants to start a saving account at his local credit union. If he puts $8000 into a savings ac | MathCelebrity Forum

Dwayne wants to start a saving account at his local credit union. If he puts $8000 into a savings ac

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Dwayne wants to start a saving account at his local credit union. If he puts $8000 into a savings account with an annual interest rate of 1.1%, how much simple interest will he have earned after 6 years?

Using our simple interest calculator, we get:
$528 of interest earned.
 
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