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Perry earns 5 percent simple interest annually on his savings account. How much interest will Perry earn each month on $650?

Perry earns 5 percent simple interest annually on his savings account. How much interest will Perry earn each month on $650?
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2 votes
Perry earns 5 percent simple interest annually on his savings account. How much interest will Perry earn each month on $650?

User Neron Joseph
by
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2 Answers

7 votes
Perry will earn $2.70 each month. Ok hope this helps.
User Anastazia
by
8.2k points
2 votes
Perry will earn $2.70 each month.
User Tgyhlsb
by
8.2k points
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