To be able to take her dream vacation, Amy decides to save for 2 years. She...

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To be able to take her dream vacation, Amy decides to save for 2 years. She opens a savings account with $300. The account pays simple interest at an annual rate of 4%. She doesn't make any more deposits. Answer the following questions. If necessary, refer to the list of tinencial formulas. (a) How much total interest will Amy earn? $0 (b) What will the total amount in the account be (including interest)? Tyne bere to semish @ X 5 Save For Later St Arment or s E D To be able to take her dream vacation, Amy decides to save for 2 years. She opens a savings account with $300. The account pays simple interest at an annual rate of 4%. She doesn't make any more deposits. Answer the following questions. If necessary, refer to the list of tinencial formulas. (a) How much total interest will Amy earn? $0 (b) What will the total amount in the account be (including interest)? Tyne bere to semish @ X 5 Save For Later St Arment or s E D

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Amount Deposited in account for 2 years 300 a Calculating the Total Intere... View the full answer