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If an account has a $100,000 balance and a simple interest rate of 10%, what will its balance reach if left alone for 4 years?

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Real estate math commonly covers commissions, property taxes, area/acreage, and loan calculations, frequently using a T-chart method (Part/Total Rate).


1. If an account has a $100,000 balance and a simple interest rate of 10%, what will its balance reach if left alone for 4 years?





 
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