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Llamarama · Answer 1 · 2018-07-30T02:32:44+0000

it can be easy to miss, but if you look, it says per month instead of per year.
you then have to convert this to a yearly rate by first multiplying .016 by 12 then proceeding to multiply that answer by 500, then 3
ex. (.016 * 12) * 500 * 3 = 288

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