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15 March, 22:12

Aldo put $400 into a savings account that paid an interest rate of 5.4% per year. What was the total amount in his account at the end of 1 year.

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  1. 15 March, 22:31
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    Aldo had $421.60 in his account at the end of 1 year. 400 x 5.4% = $21.6 in interest from one year. $400 + $21.60 = $421.60
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