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How much interest will earn in the first year

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Reference no: EM132485502

Old Time Savings Bank pays 3% interest on its savings accounts. If you deposit $3,000 in the bank and leave it there

Question a. How much interest will you earn in the first year?

Question b. How much interest will you earn in the second year?

Question c. How much interest will you earn in the 10th year?

Reference no: EM132485502

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