How much must earn in the summer

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Reference no: EM131781909

Question: A student has a savings account earning 9% simple interest. She must pay $1500 for first-semester tuition by September 1 and $1500 for second-semester tuition by January 1. How much must she earn in the summer (by September 1) in order to pay the first-semester bill on time and still have the remainder of her summer earnings grow to $1500 between September 1 and January 1?

Reference no: EM131781909

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