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3 years ago

8

You put $500 in an interest-bearing bank account that pays 2% per year has a fee of two dollars per month. Are you getting ahead

?

1 answer:

Luda [366]3 years ago

5 0

2% of $500 = $10

$2 per month for a fee = $12 in fees

You ar losing $2 every year

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Answer details:

Grade: High School

Subject: Economics

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