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9 November, 03:54

brenda deposits $500 in a saving account that pays a simple interest rate of 2.5% per year. How much interest will Brenda earn after 18 months?

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  1. 9 November, 04:24
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    Step-by-step explanation:

    At the first year will be

    500$*102.5%/100=512.5$

    At the rest of six month will be

    512.5$+500$*2,5%/2/100=518.75$
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