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A woman put $580 into a saving account for one year . the rate of interest on the account was 6 half %. how much was the interest for the year in dollars and cents?
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A woman put $580 into a saving account for one year . the rate of interest on the account was 6 half

%. how much was the interest for the year in dollars and cents?

User Arian Sharifian
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1 Answer

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I don't know about American currency but, I think it is $617 and 70 cents like $617.70.

6.5% = 6.5/100 = 0.065
0.065 x 580 = 37.7
$580 + $37.70 = $617.70
User Eelke Van Den Bos
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