jayceewoodyard jayceewoodyard

01-11-2022
Mathematics

Answered

On March 31, you opened a savings account at Main Street Savings Bank with a
deposit of $817.25. At the end of October the interest was computed at an annual
rate of 534 percent and added to the balance in your account.
a. How much simple interest did your money earn?
b. What was your new balance?

Answer :

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