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If you place $1,000.00 in a savings account with an interest rate of 3.25%/ month, how much should you earn in interest at the end of the month? $3.25 $32.50 $325.00 $0.33
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If you place $1,000.00 in a savings account with an interest rate of 3.25%/ month, how much should you earn in interest at the end of the month?

$3.25
$32.50
$325.00
$0.33

User Oscarmorasu
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1 Answer

3 votes
the answer is $32.50
3.25% of $1,000.00 is $32.50, because (1000 x 3.25 ) / 100 = 32.5
User Works On Mine
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