Question

Please help!

Answer 1

Please tell me the bank in which Joe uses because I would love it if the bank only calculated interest once every year.  :-)

But to answer your question, assuming it does then to find interest it would be 

x = 396(.29)

Why on earth they have it written like that is beyond me, but to rewrite the correct answer in the form of your answer choices you it would be
 x/396 = 29/100