Christine deposits $700 into an account that pays simple interest at a rate of 2 per year. How much interest will she be paid in
1 answer:
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Answer:
a. $1.66
Step-by-step explanation:
We have been given that Health and Heart Club charges $259 per year. A person has 3 visits per week. We are asked to find the cost of per visit to Health and Heart Club.
We know that there are 52 weeks in one year. So total visits in one year would be 3 times 52 that visits.
Now, we will divide total cost by 156 to find cost per visit.
Rounding to nearest hundredths, we will get:
Therefore, the cost per visit is $1.66 and option 'a' is the correct choice.