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27 August, 23:30

Suppose you deposited $900 into an account that earns 4% simple annual interest. Find the balance of the account after 6 months

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  1. 27 August, 23:54
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    Balance after 6 months would be 900 * (900+2%). You just need to evaluate it then you will get the answer. btw 2% comes from 4% because it's half of the year.
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