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29 December, 13:22

F Mary deposits $275 in principal at an interest rate of 3.2 percent, how much interest will she earn in one

year?

A. $8.8o

B. $880

C. $88

D. $18.80

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Answers (1)
  1. 29 December, 13:35
    0
    Interest is 3.20 per 100

    3.2 * 275/100

    =3.2 * 2.75

    answer A $8.80
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