Homework Help: MATH

Posted by ROSE on Thursday, July 14, 2011 at 5:50pm.

DANIEL HAS A MONEY MARKET ACCOUNT WITH %1,200. THE BANK OFFERED HIM A SPECIAL RATE OF 5.25% PER MONTH. HOW MUCH MONEY WILL DANIEL HAVE AFTER THE FIRST MONTH?

MATH - Ms. Sue, Thursday, July 14, 2011 at 5:52pm
If he has $1,200 in the account >>

1,200 * 1.0525 = ?
MATH - ROSE, Thursday, July 14, 2011 at 6:06pm
1,263
MATH - Ms. Sue, Thursday, July 14, 2011 at 6:08pm
Right. $1,263

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