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Mathematics 12 Online
OpenStudy (anonymous):

Eric's savings account balance is $3,200.00 at the end of the year. His financial institution pays an interest rate of 3.5% based on the end of year balance. What is his balance after interest accrual? A. $3,203.50 B. $3,230.50 C. $3,300.00 D. $3,312.00

OpenStudy (anonymous):

Im pretty sure its D because 3,200*3.5%=112. and 3,200.00+112= 3,312.00

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