Phyllis has $1,400 in her savings account. If the bank pays 2.25% interest per year on savings, how much interest does she earn in one year?

asked Jan 13, 2022 198k views

5 votes

Phyllis has $1,400 in her savings account. If the bank pays 2.25% interest per year

on savings, how much interest does she earn in one year?

4.8k points

Please log in or register to add a comment.

8 votes

Answer:

1400/100 x 2.25 = $31.50

Esreli answered Jan 18, 2022

3.8k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.4m questions

5.7m answers