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At the End of September Andy Had $9,000 in His

Question 108

Multiple Choice

At the end of September Andy had $9,000 in his daily interest savings account. On the 12th of October he withdrew $4,000. He made no other withdrawals or deposits in October. The interest rate throughout October was 4.2%. How much interest did Andy earn on this savings account in October?


A) $9.21
B) $41.31
C) $22.90
D) $19.82
E) $26.17

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