caroline won $250,000 in a lottry. after paying $96,000 in taxes, she placed the remaining amount in a savings account at 2% int
erest rate. how much interest will the account earn after just 6 months?
1 answer:
Answer:
18,480
Step-by-step explanation:
you would fine how much she put in the bank in the first place!
250,000-96,000=154,000
Then you would do 154,000*0.02 to find how much interest is charged per month.
154,000*0.02=3080
Finally, you would multiply 3080 by 6 {because you need to account for all of the months}.
3080*6=18,480
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