SOLUTION: Milo just opened a new bank account. His original deposit was $45, and the account earns 6% simple interest each year. He wants to know what his account balance will be one year af
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-> SOLUTION: Milo just opened a new bank account. His original deposit was $45, and the account earns 6% simple interest each year. He wants to know what his account balance will be one year af
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Question 937696: Milo just opened a new bank account. His original deposit was $45, and the account earns 6% simple interest each year. He wants to know what his account balance will be one year after opening the account. Answer by TimothyLamb(4379) (Show Source):
You can put this solution on YOUR website! 45*1.06 = $47.70
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