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Ber [7]
3 years ago
11

Susie opens a simple interest checking account. After 6 months, her account grew from $500 to $508.75. What is the interest rate

on her account?
Mathematics
1 answer:
sammy [17]3 years ago
8 0

Answer:

3.5 %

Step-by-step explanation:

508.75 - 500 = 8.75

8.75 = (500) (0.5)

8.75/250 = (250)/250

.035

Move the decimal two places to the right to get 3.5%.

Hope this helps and best of luck!

Feel free to message me if you need more help! :)

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