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Bilal Had Got His First Monthly Paycheck of $5800 from His

Question 110

Essay

Bilal had got his first monthly paycheck of $5800 from his job and decided to deposit it into a new account with a 1.2% simple interest rate p.a. After half a year, how much interest had this initial deposit garnered?

Correct Answer:

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P = $5800.00; r = 1....

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