edanielle249
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Math in not my strongest subject!!! Help Please!! 10 points??

The cost of attendance at State College is $19,500 for the first year. Devise a periodic savings plan that will allow you to make small deposits for 5 years at a simple interest rate of 1.5% and save enough to pay for the first year at the college.

Respuesta :

So, okay
$19.500 is 100%
wee need to find 1.5%
so it gonna be 19.500/100=195$ so it is 1%
half of procent will be 97.5
then 1.5% gonna be 195+97.5=292.5
for a year will be 19.792.5$
enjoy it

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