SOLUTION: Mr. Gardener has $300,000 in a deposit account and receives 8 1/3 % interest annually. What annual interest (in dollars) does he receive?
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Question 1101179: Mr. Gardener has $300,000 in a deposit account and receives 8 1/3 % interest annually. What annual interest (in dollars) does he receive? Answer by richwmiller(17219) (Show Source):