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An account earns simple interest. (a) Find the interest earned. (b) Find the balance of the account.

1. $2600 at 3.2% for 4 years
Interest
balance

2. $7500 at 8.5% for 3 months
interest
balance

Respuesta :

1. The interest would be $332.80 and the balance of the account would be $2,932.80.

2. The interest would be $1,912.50 and the balance of the account would be $9,412.50

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