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3 years ago

10

Alice has 300 dollars in her savings account that earns 5% annually the interest is not compounded how much interest will she ea

rn in one year

1 answer:

Gala2k [10]3 years ago

3 0

$300 in saving account that earn 5%
5/100 x 12=3/5 =0.6
300+0.6=$300.6
3.006%
3.006% in one year

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