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April 1, 2015

Posted by **Edna** on Tuesday, November 27, 2012 at 12:50pm.

- Math -
**Steve**, Tuesday, November 27, 2012 at 2:05pmif simple interest, 3500*.045*9/12 = 118.13

if compounded monthly, 3500(1+.045/12)^9-3500 = 119.91

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