Question

2. Latoya opens a savings account and deposits $1,525. The interest rate is 2.73 percent. Interest is

Answer 1

Answer:

Step-by-step explanation:

Deposit = $1,525

Interest = 2.73%

Duration: 12 months

1,525/100 x 2.73/1

15.25 x 2.73

= 41.7 x 3

= $125.1