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16 February, 00:37

Dalton has $44,759 in a savings account that earns 9% annually. The interest is not compounded. How much will he have in 1 year? Use the formula i=prt, where i is the interest earned, p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in a years.

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  1. 16 February, 00:46
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    Answer: total amount after 1 year will be 44759 + 4028.31 = 48,787.31

    Step-by-step explanation:

    SI = prt / 100

    = 44759 x. 09 x 1

    = 4028.31
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