Homework Help: buissness math

Posted by morgan on Wednesday, October 26, 2011 at 10:18am.

Determine the amount of interest charged on S. Carter's account during the second month. S. Carter's account
Principal: $1,604
Rate: 10% compound
Length of period: month
Second month's interest: _________

$13.48 $160.40
$16.04

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