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William has put $5,000 of savings into a bank that will collect a 1% annua interest rate. Suppose he does not deposit any additional

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William has put $5,000 of savings into a bank that will collect a 1% annua interest rate. Suppose he does not deposit any additional money, how muc interest will he earn in 6 months? = Recall (I Prt and in this case t = 6/12)

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