Question 15
1 pts
At CCN Bank interest is paid on the beginning balance of a checking accoun...
Mathematics, 05.10.2021 19:50 yadi64
Question 15
1 pts
At CCN Bank interest is paid on the beginning balance of a checking account at the
rate of 0.75% per year. There are 20 checks written on the account and the
beginning balance is $2725. Be sure to round to the nearest cent (hundredth).
What is the dollar amount of the simple interest earned on the account?
What will be the balance be in the account at the end of 1 year?
Answers: 3
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