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How much simple interest is earned on $460 deposited in a bank for 3 months at 5% annual interest rate?
You would earn in interest.
Round to the nearest cent.
You would earn in interest.
Round to the nearest cent.
Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
$5.75