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23 March, 21:01

Mark deposited $1256 from his summer job in a savings account that pays 4.5% interest. how much interest will he earn after one year?

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  1. 23 March, 21:06
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    You have to multiply 1256 by 4.5%. First convert 4.5 into decimal (.045) * 1256 = 56.52 dollars.
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