Register
Giselle deposited $3500 into a savings account for which simple interest is calculated monthly. If her $3500 grew to $3514 after 1 month, what is the yearly interest rate on Giselle's account? O A. 0.4%
131k views
1 vote
Giselle deposited $3500 into a savings account for which simple interest is

calculated monthly. If her $3500 grew to $3514 after 1 month, what is the
yearly interest rate on Giselle's account?
O A. 0.4%
OB. 0.48%
O C. 4.8%
O D. 4%
SUBMIT

User Nitty
by
4.2k points

2 Answers

5 votes
The answer is C 4.8%
User Kenshinman
by
4.4k points
5 votes
It wouls be C since its property portions
User Firzok Nadeem
by
4.4k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.8m questions

6.3m answers

Other Questions

Pizza planet is running a special 3 pizzas for 16.50. What is the unit rate for one pizza
I need to simplify this expression.
Which property is shown in the problem below? -8(x-3y-9) = -8x+24y+72 A the associative property B the commutative property C the distributive property D the division property ASAP
What is the domain and range?
Witch value of x is in the solution of the following inequality -3x+5>17\ A=0 B=5 c=-5 D=-4
Link Copied!