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Marvin currently has a balance of 1192 in an account he has

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Reference no: EM13591161

Marvin currently has a balance of $1,192 in an account he has held for 14 years. He opened the account with an initial deposit of $800. What is the simple interest on the account?

A. 3.5%

B. 7.1%

C. 2.3%

D. 10.6%

Reference no: EM13591161

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