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Mrs. Soto invested in a certificate of deposit that pays 8% interest. Her investment was $325. How much interest will she receive in 1 year

User Lajosdeme
by
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2 Answers

3 votes

Answer:

Answer 1.

If the interest is yearly she will have 351$ / she made 26 dollars in interest.

Explanation:

Answer 1.

We multiply 325 times .08 which is equal to 8%, that gives us 26 and from there we add 325 which equals 351$ (if you want to make is simpler multiply by 1.08 eliminating the need to add the original sum again).

User B Chen
by
4.9k points
3 votes

Answer: SHE receive in 1 year is 325.08

Step-by-step explanation: it is basically adding so u add 8%+325 =325.08

User Ajayian
by
5.4k points
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