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Mathematics 10 Online
OpenStudy (anonymous):

You are creating an emergency fund and decide to place $415/month in an account that earns a 3.75%APR. How much interest accrues by the end of the first full month?

OpenStudy (anonymous):

P = 415 r = 0.0375 t = 1/12 so $1.30

OpenStudy (anonymous):

Probably a dumb question but what do you do with each step? I don't understand how you used the 1/2 to get the answer. @charlie7770

OpenStudy (anonymous):

hey what did you get for the second question?

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