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shutvik
[7]
4 years ago
9
A savings bank invests $58,800 in municipal bonds and earns 12% per year on the investment. How much money is earned per year?
Mathematics
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2
answers:
Drupady
[299]
4 years ago
8
0
Answer: $58,000 = 12% = $65,856
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seraphim
[82]
4 years ago
5
0
To find the answer we simply have to find 12% of 58,800. So to do that, we can multiply it by .12
58,800 • .12 = 7,056
So $7,056 is earned per year
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