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Nana76 [90]
3 years ago
14

Your mom opens an account to save money for a family vacation. The account earns an annual interest rate of 4%. She earns $37 in

simple interest after 6 months. How much money did she put in the account when she opened it? Use the formula: I = Prt.
Mathematics
2 answers:
Dmitriy789 [7]3 years ago
7 0
The formula would be I=(37)(.04)(6) which would give you $8.88
Assoli18 [71]3 years ago
5 0
$1,850. The correct answer to this problem would be $1,850.

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