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2 April, 01:01

If the apy of a savings account is 2.8% and if the principle in the savings account we're $2600 for an entire year what will be the balance of the savings account after all the interest is paid for the year?

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  1. 2 April, 01:02
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    A=2,600 * (1+0.028)

    A=2,672.8
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