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OpenStudy (anonymous):
Please help, last question i need: A customer has balance of 1350. Interest is paid out and the end of 12 months.Assuming the balance remains at 1350 for the 12 months, how much interest well be earned after 12 months if the interest rate on the account is 5.5%?
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OpenStudy (anonymous):
1350 * 5.5 / 100 = 74.25
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