Will someone please tell me how to find the interest? Example problem is attached!

asked May 7, 2021 122k views

3 votes

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5 votes

Answer:

$8.5. he will have a total of 508.5 by the end of the year

Explanation:

interest:

500+(1.00017)^x

(500x1.7)/100 + bank account balance

Shivkumar answered May 12, 2021

5.2k points

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