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September 16, 2014

September 16, 2014

Posted by **deca** on Wednesday, April 17, 2013 at 11:12pm.

- math -
**Henry**, Friday, April 19, 2013 at 8:57pmI = Po*r*t

r = (8.25%/365)/100% = 0.000226 = Daily

% rate expressed as a decimal.

I = 25,000*0.000226*60 = $339.00

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