Question: Sarah decides to start saving and is considering a Super Savings bank, which offers an APR of 6% with monthly compounding. If she deposits $1000
Sarah decides to start saving and is considering a "Super Savings" bank, which offers an APR of 6% with monthly compounding. If she deposits $1000 in the SS bank today. How much total interest on interest will she earn at the end of year 6?
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