INTERESTING EXAMPLE #1: SIMPLE INTEREST
ha Audio Ineho's;
Kyra has been babysitting since 6th...
Mathematics, 10.02.2021 19:30 mags1467
INTERESTING EXAMPLE #1: SIMPLE INTEREST
ha Audio Ineho's;
Kyra has been babysitting since 6th grade. She has
saved $1,000 and wants to open an account at the
bank so that she will earn interest on her savings.
Simple Bank pays simple interest at a rate of 10%.
QUESTION: How much money will Kyra have IN
TOTAL after one year, assuming she neither deposits
nor withdraws any money?
Answers: 1
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