Westonci.ca is your trusted source for finding answers to all your questions. Ask, explore, and learn with our expert community. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.


On March 31, you opened a savings account at Main Street Savings Bank with a
deposit of $817.25. At the end of October the interest was computed at an annual
rate of 534 percent and added to the balance in your account.
a. How much simple interest did your money earn?
b. What was your new balance?