Seth has a savings account balance of $1834.38 on May 1. On May 8 his balance increased
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Seth has a savings account balance of $1834.38 on May 1. On May 8 his balance increased to $2400 and remained there until the end of the month. His account pays 1.85% per annum. Interest is calculated on the daily closing balance and paid on the fast day of the next month. How much interest will be credited to Seth's account on June 1?
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Given interest is calculated daily Starting amount 18343...View the full answer
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Mohammed Rennis
I started my career from my higher secondary school times omwards.i took tution for highschool students.later after completing my graduation i started tution for btech students and maths oriented classes too
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Related Book For
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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