The anwser is (B) hope this helped
Answer:
To obtain $ 100 in simple interest with a rate of 1.5%, Katie must deposit $ 6,666.66.
Step-by-step explanation:
Given that Katie wants to know how much she needs to deposit into a two year CD account in order to earn $ 100 in simple interest, knowing that the account currently has a 1.5% interest rate, the following calculation must be performed:
X x 0.015 = 100
X = 100 / 0.015
X = 6,666.66
6,666.66 x 1.015 = 6,766.66
Thus, to obtain $ 100 in simple interest with a rate of 1.5%, Katie must deposit $ 6,666.66.
Answer: 90
Step-by-step explanation: 1 Multiplied By 1 Is 1 So If You Add 85 To It You Get 86 Add 4 To That You Get 90
