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A Jaycee Alvarez deposits $300 in a savings account at City Bank. The account pays an annual interest rate of 5 percent. She makes no other deposits or withdrawals. After three months the interest is calculated.
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Jaycee Alvarez deposits $300 in a savings account at City Bank. The account pays an annual interest rate of 5 percent. She makes no other
deposits or withdrawals. After three months the interest is calculated. How much simple interest does her money earn?
A А.
$3.95
С
$4.25
B
$4.00
D
$3.75

User Parit Sawjani
by
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1 Answer

6 votes

The answe is D. 3.75

hope this helps^^

User Hans Z
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