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13 January, 00:35

Deidre has 60,000 in savings account that earns 15% interest per year the interest is not compounded how much will she have in four months

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Answers (2)
  1. 13 January, 01:14
    0
    63,000

    Explanation

    A percent is always over a whole so 15% =.15

    60000 •.15 = 9000 yearly

    9000/12 = 750 monthly

    750 • 4 months = 3000

    60000 + 3000 = 63000

    If you want to be more precise Change 12 into 365 days and multiply the result of 9000/12 by the average amount of days in four months.
  2. 13 January, 03:40
    0
    Answer:222
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