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March 28, 2017

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John Lee's savings account has a balance of $3427. After 9 months, what will the amount of
interest be at 4.6% per year?

  • math - ,

    3427 x 0.046 = interest for one year. For 9 months of the year it will be that x 9/12. Add the interest to the principal to obtain the amount.

  • math - ,

    89

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