How much interest would you expect to earn per year

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Reference no: EM131903657

1. Many locations require that renters be paid interest on their security deposits. If you have a security deposit of $1,700, how much interest would you expect to earn per year at 5 percent?

2. Condominiums usually require a monthly fee for various services. At $295 a month, how much would a homeowner pay over a period of 9 years for living in this housing facility?

Reference no: EM131903657

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