Asked by chandice

John Lee's savings account has a balance of $3427. After 9 months, what will the amount of
interest be at 4.6% per year?
Answered by DrBob222
3427 x 0.046 = interest for one year. For 9 months of the year it will be that x 9/12. Add the interest to the principal to obtain the amount.
Answered by Anonymous
89
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