Mathematics

Zariah Sherman

19 June, 03:04

A savings account earns 7.2% (APR) interest calculated monthly, paid into the account at the end of 6 months. Mauricio deposits $300 into the account at the beginning of the first month. At the end of each month, he deposits an additional $100 into the account. How much interest will Mauricio have earned after 6 months?

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