Question:
A student has a savings account earning 9 simple interest
Last updated: 7/3/2023
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A student has a savings account earning 9 simple interest She must pay 1600 for first semester tuition by September 1 and 1600 for second semester tuition by January 1 How much must she earn in the summer by September 1 to pay the first semester bill on time and still have the remainder of her summer earnings grow to 1600 between September 1 and January 1 Round your answer to the nearest cent