# MATH

DANIEL HAS A MONEY MARKET ACCOUNT WITH %1,200. THE BANK OFFERED HIM A SPECIAL RATE OF 5.25% PER MONTH. HOW MUCH MONEY WILL DANIEL HAVE AFTER THE FIRST MONTH?

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1. If he has \$1,200 in the account >>

1,200 * 1.0525 = ?

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2. 1,263

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posted by ROSE
3. Right. \$1,263

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