The opening balance of a savings account for November is $2.004. On November 9, $621 was withdrawn
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The opening balance of a savings account for November is $2.004. On November 9, $621 was withdrawn from the account on November 22, &449 was withdrawn from the acount. If the account pays simple interest at 1.95% based on the daily closing balance, how much interest is deposited on December 17?
Related Book For
Financial Accounting Tools for business decision making
ISBN: 978-0470534779
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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