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14 November, 21:24

Blanca has $38,800 in a savings account. The interest rate is 9% per year and is not compounded. How much interest will she earn in 9 months?

simple interest

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Answers (1)
  1. 15 November, 00:47
    0
    Step-by-smultiply 38800 * 0.09 * 0.75 to get that:

    The interest is: $2619.00
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