justicesims11 justicesims11

20-04-2017
Mathematics

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Ponce Leon has a principal of $900 in his savings account on October 1. The money earns an APR of 6.5% calculated quarterly as simple interest. What is the amount in the account on July 1 of the following year?

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Aliwohaish12 Aliwohaish12

21-04-2017

A=900×((1+(0.065÷4)×(9÷12)))
A=910.96

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