Question

Patty deposited $650 in a savings account with two percent simple interest. If she keeps it in the account for one year, how much interest will she earn?

$15
$18
$12
$13

Answer 1

13

Explanation:

Answer 2

$13

Explanation:

Depost of 650.00 into a bank account paying 2% simple interest per year. You left the money in for 1 year. Find the interest earned and the amount earned in 1 year.

The interest is $13, and the amount is 663.00.