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How much interest will you earn during a month

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Reference no: EM132757002

Question: If you have $125,000 in an interest-bearing savings account that pays 4.9 percent annual interest, how much interest will you earn during a 30 day month? (Round your answer to two decimal places, i.e. 12.34). The response must be typed, double spaced, times new roman, font size 12 and must follow APA format.

Reference no: EM132757002

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