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2 years ago

9

Carol has a savings account that earns .2 % interest annually. If the balance in her account is $6050.00, how much interest woul

d she earn IN ONE YEAR

1 answer:

emmainna [20.7K]2 years ago

4 0

A=6,050×(1+0.002)^(1)
=6,062.1
So interest earned is
6,062.1−6,050=12.1

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