Ralph deposited $910 in an account that pays 1.75% simple interest for 3 years. Round to the
Question:
Ralph deposited $910 in an account that pays 1.75% simple interest for 3 years. Round to the nearest cent.
a. How much interest did the account earn?
b. What is the ending balance?
c. How much interest did the account earn the first year?
d. How much interest did the account earn the third year?
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a Amount of interest that the account earn 910 17536 4106 b Final balance before interest earned 910 ...View the full answer
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Related Book For 
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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