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If you place $1,000.00 in a savings account with an interest rate of 3.25%/ month, how much should you earn in interest at the end of the month?



$3.25

$32.50

$325.00

$0.33

Verified Answer :

Nirina7

the answer is $32.50
 3.25% of  $1,000.00 is $32.50, because  (1000 x 3.25 ) / 100 = 32.5

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