Mathematics

Diamond Mata

14 February, 19:34

Hakim invests $700 in a bank that pays 5% simple interest annually. After one year he uses the money in his account to buy a computer. The original cost of the computer is $750.00. The computer is on sale for a 20% discount off of the original cost. The sales tax is 4% of the sale price.

After purchasing the computer, how much does Hakim have left in his bank account?

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