Homework Help: Maths

Posted by Zayn on Thursday, October 4, 2012 at 8:24am.

Mr Srinivasan invests $55 000 in a fixed deposit account. The interest rate is 3.3 % per year. How much money will he have in the account after 1 year?

Maths - Reiny, Thursday, October 4, 2012 at 9:15am
what is 55 000 + 55 000(.033)(1) ?

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