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Mathematics 10 Online
OpenStudy (anonymous):

Leo deposited $2,476.96 in a savings account that earns 2.9% simple interest. What will Leo's account balance be in 11 months?

OpenStudy (justuu):

do you have any choses? Simple interest should be (11/12) 2.9% = 2.66% 2476.96 (1.0266)=2542.85 so go with the $2542 answer.

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