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Van:
If the apy of a savings account is 2.8% and if the principle of the savings account were $2,600 for an entire year what will be the bills and savings account after all the interest is paid for a year
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minustempo:
I believe interest gained every year = apy*principle = 0.028*2600 = 72.8 dollars
minustempo:
So then adding on the interest the total account principle would be $2672.80
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