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brenda deposits $500 in a saving account that pays a simple interest rate of 2.5% per year. How much interest will Brenda earn after 18 months?

Respuesta :

Answer:


Step-by-step explanation:

At the first year will be

500$*102.5%/100=512.5$

At the rest of six month will be

512.5$+500$*2,5%/2/100=518.75$

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