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Practice$-1$: Simple \& Compound Interest$\newline$Practice score: $1 / 18 \quad 1 / 15$ answered$\newline$Question $2$$\newline$Joy invests $\$ 8,000$ at $13 \%$ simple interest for $1$ year. How much is in the account at the end of the $1$ year period?$\newline$Answer: $\$$