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Posted by on Thursday, August 29, 2013 at 2:46am.

Titus deposited $1,508.49 in a savings account that earns 4.2% simple interest. What will Titus's account balance be in 8 months?

  • math - , Thursday, August 29, 2013 at 4:22am

    assuming the interest is actually credited every month,

    1508.49(1+8*.042/12) = 1550.73

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