Alright, I am learning about interest rate and stuff like that and I get it, but I seriously SUCK at word problems.(adsbygoogle = window.adsbygoogle || []).push({});

For example, here is the question:

1) On March 14, the balance in a daily interest account was $870. No deposits or withdrawals were made. The annual intrest rate was 3 3/4%. Calculate the balance on June 19.

I know the general rules are:

1) Accumulated amount = Principle +I

2) A = P(1+i)

3) A = P ( 1 + t/m) ^ n*m

I don't even know how to tackle the question.

PLEASE HELP

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# Homework Help: I need serious help with Word Problems in Math 11 Level.

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