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  3. on july 1 jacob deposited $2540 in a savings accou

On July 1 Jacob deposited $2540 in a savings account at Association. At the end...

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On July 1 Jacob deposited $2540 in a savings account at Association. At the end of December, his intrest was computed at an annual rate of 9%. Calculate his bank balance on July 1 the following year.

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