The Super Savings account offered by a trust company calculates interest daily based on the lesser of
Question:
Septembers opening balance was $8572. The transactions in the account for the month were a $9500 deposit on September 6, a deposit of $8600 on September 14, and a withdrawal of $25,000 on September 23. What interest will be credited to the account at the end of September?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: