SOLUTION: A savings bank invests $58,800 in municipal bonds and earns 12% per year on the investment. How much money is earned per year?

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Question 979922: A savings bank invests $58,800 in municipal bonds and earns 12% per year on the investment. How much money is earned per year?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
58800*0.12=$7056.00