Janet deposited $1,250 in a savings account that earns 4.3% simple interest. How much intrest has Janet earned by the end of the

Question

motikmotik

3 years ago

10

Janet deposited $1,250 in a savings account that earns 4.3% simple interest. How much intrest has Janet earned by the end of the

first year?
$290.70
$1,303.75
$53.75
$5,375.00

Mathematics

1 answer:

nika2105 [10] · Answer 1 · 2022-02-01T04:39:42+03:00

nika2105 [10]3 years ago

8 0

$53.75 in order to solve you have to first put the interest into a decimal.
4.3 so it equivalent to .043 and then you multiply 1250 by .043 to get the answer::)