Alan Louden deposits $615.00 in a savings account. The account pays an annual interest rate of 5%. He makes no other deposits and withdrawals. After 3 months, the interest is calculated. How much simple

asked Jun 27, 2024 209k views

4 votes

by Phury

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1 vote

Answer:

The interest earned on the account would be $30.75. (6150.053/12=30.75)

Explanation:

Vanesa answered Jul 3, 2024

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