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OpenStudy (anonymous):
Oliver deposited $1,640.70 in a savings account that earns 2.6% simple interest. What will Oliver's account balance be in 8 months?
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OpenStudy (anonymous):
account balance = interest +principal amount find the interest I= Prt ;where t is the value in year = 1,640.70(0.026)(2/3) =28.4388 interest +principal =1669.1388
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