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Hal received $250 as a gift for his middle school graduation. He decided to save it in the bank
until he decided what to do with the money. The interest rate on his savings account is 2.5%. How
much interest will he earn the first year?

Sagot :

Answer:

Hall will earn 2.5% of the total money in his bank account every month and after year his total interest earnings will be at $86.22

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