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goldenfox [79]
3 years ago
7

Joseph invests money in an account paying a simple interest of 2.9% per year. If he invests $60 and no money will be added or re

moved from the investment, how much will he have in one year, in dollars and cents?
Mathematics
1 answer:
777dan777 [17]3 years ago
3 0
Hi there! I’m here to help you out with your question.

It costs Joseph 2.9% per year in interest.

This is a one step process, do 60 (money he invests) x .029 (interest) and you should get $1.74.

Add $1.74 + $60, and your answer is $61.74.

Thank you and I hope this helped you.
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