Top Posters
Since Sunday
w
5
a
3
j
2
a
2
t
2
u
2
r
2
j
2
j
2
l
2
d
2
y
2
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
shayanbk shayanbk
wrote...
Go to Answer
Posts: 135
Rep: 0 0
A year ago
The Money builder account offered by a chartered bank calculates interest daily based on the daily closing balance as follows:
Interest rate (%)Amount to which the rate applies
0.00Balance when it is below $1000
1.25Entire balance when it is between $1000 and $3000
1.75Portion of balance above $3000


The balance at the beginning of March was $1678. On March 5, $700 was withdrawn. Then $2500 was deposited on March 15, and $900 was withdrawn on March 23. What interest will be credited to the account for the month of March?
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
Read 66 times
1 Reply
Replies
Answer verified by a subject expert
jbeejbee
wrote...
#1
Posts: 142
Rep: 1 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

shayanbk Author
wrote...

A year ago
Correct Slight Smile TY
ouasfoudgewu
wrote...

Yesterday
This helped my grade so much Perfect
acaruso
wrote...

2 hours ago
You make an excellent tutor!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1671 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 363
  
 318
  
 433
Your Opinion
Previous poll results: Does a gender wage gap exist in America?