118k views
5 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 ?

1 Answer

5 votes

Answer:

$31.5

Explanation:

Intrest = P. A. * Intrest Rate * Time

Intrest = 600 * 5.25 /100 = 31.5

User Sangeet Shah
by
3.6k points