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xxTIMURxx [149]

3 years ago

9

Maria invests $600 in a bank account that earns simple interest. She earns $30 at the end of 12 months. Janae invests $350 at th

e same rate of interest for 12 months. How much money will Janae earn on her $350 investment after 12 months

1 answer:

olga nikolaevna [1]3 years ago

6 0

I believe the answer is $17.50, she earned $30 off of $600 meaning she had a 5% interest rate and 5% of 350 is $17.50

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