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Alika [10]
3 years ago
15

Question: 1 of 37: Alice earned $622.50 in interest on her savings in the bank. Before interest, the account had $12,450. What i

s the approximate percent she earned in interest?
3%
5%
7%
10%
Business
1 answer:
SpyIntel [72]3 years ago
8 0
<span>Alice had original amount = $12,450. She earned an interest of $622.50 on the original amount. To find the percent, say, $622.50 = x% of $12,450, we get x% = 0.05 or x = 5%. Thus, Alice earned approximately 5% of the interest.</span>
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