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30 April, 19:29

Alexus deposited $1900 into a savings account that pays a simple annual interest rate of 1.8%. how much interest will she earn after 9 months?

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  1. 30 April, 19:41
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    1900 x 0.018 x 0.75 = 25.65

    1900 (0.018) = $34.20 for 1 year.

    (9/12) (34.20) = $25.65 for 9 months.

    Answer: $25.65
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