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Can someone help me find the amount on year 11

Can someone help me find the amount on year 11-example-1

1 Answer

5 votes

Answer:

525 dollars

Explanation:

simple interest yearly ( year 11 does not count because the question asking at the amount at the beginning of year 11)

interest=300*0.075*10= 225

the amount in the account : 300+225=525 dollars

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