garzajose135 garzajose135

23-02-2017
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Simple interest is earned on a bank balance. True or False

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stevetayler stevetayler

23-02-2017

true.........Savings accounts earn interest on the amount of money deposited into the account. The formula to determine simple interest in a savings account is the deposit amount times the annual interest rate times the amount of time the money is deposited

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Joelb2fy Joelb2fy

23-02-2017

True simple interest is earned on a bank balance

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