On July 17, 2017, Leah deposited $1500 into a savings account that earned simple interest of 1.05%.

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On July 17, 2017, Leah deposited $1500 into a savings account that earned simple interest of 1.05%. How much interest was earned and paid into Leah's account on December 1, 2017?

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0134141084

11th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs

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Question Posted: Nov 29, 2017 06:44 AM

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On July 17, 2017, Leah deposited $1500 into a savings account that earned simple interest of 1.05%.

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The interest is normally paid annually and interest is calculated by mu...View the full answer

Contemporary Business Mathematics with Canadian Applications

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