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Nadya [2.5K]
3 years ago
10

A saving account earns 4.5 simple interest per year. If 650.00 is deposited and no withdrawals or deposits are made during one y

ear how much interest will be earned after one year
Mathematics
2 answers:
kramer3 years ago
7 0

Answer:

29.25 Interest

Step-by-step explanation:

Take the formula: I=PRT

The principal is 650.00, 4.5 is the rate, 1 year is the time, We do not know the interest.

Change the rate, 4.5 to 0.045 to help solve the problem.

Times 650.00, 0.045, and 1 together.

You will get 29.25, Which is the answer!

Booyah! You are done.

Hope this helps!

MrRa [10]3 years ago
5 0

Answer:

29.25

Step-by-step explanation:

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