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15-05-2024
Business

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Eric's savings account balance is $3,200.00 at the end of the year. His financial institution pays an interest rate of 3.5% based on the end of year balance. What is his balance after interest accrual? A. $3,300.00 B. $3,203.50 C. $3,230.50 D. $3,312.00

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