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19 votes
19 votes
A woman deposit $600 into an account that pay 5 1/4% interest per year. How much interest will she recieve in one year ?

User Yriuns
by
2.5k points

1 Answer

22 votes
22 votes

Answer:

$31.5

Explanation:

Intrest = P. A. * Intrest Rate * Time

Intrest = 600 * 5.25 /100 = 31.5

User Svachon
by
2.8k points