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3 votes
3 votes
Katie has $6,500 in a saving account if she earns 6% interest every month how much money does Katie have in your bank account after half a month how much money does Kaite have in her bank account after half a year.

AND IF SOMEONE DARES TO PUT A LINK PLEASE DON'T

User Damanpreet Singh
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1 Answer

19 votes
19 votes

Answer:

bad question sadly she would technechly have 6500 after half a month bc you only apply interest after the minth but im guessing she wants us to half it to make it for half the month so 6500*0.03= $195 in half the month

and half a year would be 6500*.06*6= $2340 after half a year

User Nitin Raturi
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3.0k points