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20-03-2021
Mathematics

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Over a period of 300 days, Shawna Johnson earned $450 interest in a retirement account paying interest at a rate of 5%. Find the amount in the account at the end of 300 days.

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satashinakumoto satashinakumoto

20-03-2021

She earned 300/365 *5% =4.1%
Beginning balance equals 450/.041=10,976
Ending balance = 10,976+450=11,425

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