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Byron filed for bankruptcy a few years ago, but is still paying higher deposits and interest rates. Byron has calculated that he paid an average of $79.15 per month in additional charges as a result of his bankruptcy. If Byron been able to save this money for the year and then put it into a savings account earning 2% simple interest, how much money could he have in savings after another year?

User Yenny
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2 Answers

5 votes
Hi,

The answer to this question is:

B

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User Saurabh G
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3 votes
HI,

The Answer to this question is:

B) $968.80

Hope This Helps!
User Seunghyun
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