Question

33 POINTS!!

3. A savings account has a 3% interest rate.
(a) Complete the ratio table shown. Show your work. Deposit ($) 100 50 300 Interest ($) 3 12

(b) How much more interest would you have if you deposited $200 than if you deposited $150? Show your work

Answer 1

The answer is in the file attached.

Please comment if you can't see the image :)

2 images are attached: 1 of the working out and 1 of the complete table.

Have a nice day!

(also, I didn't do part b sorry!)

Answer 2

Multiply by interest which is 3% convert to decimal by moving percent symbol two places to the left..... .03

A) 100*.03= $3

400*.03= $12 12/.03 =400

50*.03=$1.50

300*.03=$9

B) multiply .03*200=$6 and .03*150=$4.50 then subtract 6.00-4.50=$1.50 difference.

Hope this helps