Compmom Compmom

11-11-2016
Mathematics

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Jessica won $800,000 in a state lottery. After paying $320,000 in taxes, she invested the remaining money in a savings account at 4.25% interest. how much interest will she receive from her investment each year

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ezrabean ezrabean

11-11-2016

$7,446,000

800,000-320,000=480,000(.0425) gives you interest made daily then multiply by 365

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