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To calculate how much interest one will earn on a $25,000 deposit, at the rate of 4.5% per year would to first multiply the $25,000 by 4.5%. The amount of $1125.00 would be the yearly gain. To determine how much one would earn a month, you would divide the $1125 by 12, giving you $93.75 per month.

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10y ago

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