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Mashutka [201]
3 years ago
10

Please help fast with the correct answer

Mathematics
1 answer:
Studentka2010 [4]3 years ago
4 0

Answer:

Figure B

Step-by-step explanation:

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Mr. Nolan has a bank account that compounds interest
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Step-by-step explanation:

The rate at which the compound interest adds up is a 3.7%.

His principal is $2644.08, on the 7th of December, he withdraws $550. Thus, his balance is = $2644.08 - $550 = $2094.08.

He later deposits $934, after being paid by his employer.

That is $2094.08 + $934 = $3028.08

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Remember that the rate is daily, at a 3.7%.

A 3.7% of the balance of December 7, $3028.08 is $112.039.

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But 1 dollar = 100 cents and vice versa.

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