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Question
A bank quotes an APY of 8%. A small business that has an account with the bank had $2,500 in their account for half the year and $5,000 in their account for the other half of the year. How much in total interest earnings did the business make during the year?
A. $300
B. $200
C. $400
D. $150
E. None of the options is correct
Answer
This answer is hidden. It contains 1 characters.
Related questions
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