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Mathematics, 26.10.2020 17:10 kbows12

You are starting a savings account for college. You put $1,000 in as your starting balance. You earn simple interest at 10% every year. You also must pay 30% income tax on the interest earned annually. Calculate the interest, balance, tax paid, and the overall balance of the account after taxes.

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You are starting a savings account for college. You put $1,000 in as your starting balance. You earn...

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