sawalhanatalie88 sawalhanatalie88
  • 20-08-2020
  • Mathematics
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Jaycee Alvarez deposits $425 in a savings account at City Bank. The account pays an annual interest rate of 5.5 percent. She makes no other deposits or withdrawals. After three months the interest is calculated. How much simple interest does her money earn?

Respuesta :

billybobjoe1000
billybobjoe1000 billybobjoe1000
  • 20-08-2020

Answer:

$70.125

Step-by-step explanation:

First multiply $425*5.5/100*3 and you get:

$70.125

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