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13 May, 08:19

A women invest $688.88 in a savings account that pays 9.25%annually. how much is in the account at the end of the year?

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  1. 13 May, 08:22
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    Simple interest=prt

    =688.88 (.0925) (1)

    =63.72

    Balance=investment + interest earned

    =688.88+63.72=$752.60
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