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Jo puts $4500 in a savings account that earns 5.5% interest. how much money will he have after 18 months?

Jo puts $4500 in a savings account that earns 5.5% interest. how much money will he have after 18 months?
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1 vote
jo puts $4500 in a savings account that earns 5.5% interest. how much money will he have after 18 months?

User Luis Martins
by
8.1k points

2 Answers

4 votes

Answer:

$247.50 per month

Explanation:

User Piemonkey
by
8.4k points
2 votes

Answer: $247.50 per month

Explanation:

$4,500 x 5.5% = 247.50

User Edu Costa
by
8.4k points
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