Tecnically 1.015 dollars but nobody is going to work with half a cent! So my guess is 1.02 dollars if you are paying and 1.01 dollars if it is money due to you!
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So ordinary interest is 30 days collecting or gathering interest on a dollar and exact is collecting or gathering 1 year interest on a dollar.
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Since 1 quarter is 0.25 of a dollar, 15 quarters is 15x0.25=3.75. $3.75 plus 10 cents is $ 3.85. The answer is $3.85, or 385 cents.
15% is 15 cents. 1/5 is 20 cents.