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Can someone help me please!!! I need the answer and the explanation on how to do it please!!

Can someone help me please!!! I need the answer and the explanation on how to do it-example-1

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Answer: See the filled out table below

Step-by-step explanation:

I'll refer to the four columns as A, B, C, and D.

Column A is fully filled out already.

Column B is missing two items (row 3 and row 5)

and so on.

Let's fill in the blank for the 1st box of column C. We take 1% of the starting balance for that given month.

1% of $2323 = 0.01*2323 = 23.23

Therefore, you have earned $23.23 in interest for month 2.

This amount is added to the starting balance to get the ending balance of 2323 + 23.23 = 2346.23

The value 2346.23 goes in the first box of column D.

---------------

The process is repeated until the table is filled out entirely. Transfer the ending balance for a given month to the start balance of the next month.

See the diagram below.

Can someone help me please!!! I need the answer and the explanation on how to do it-example-1
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