A woman put $580 into a saving account for one year. the rate of interest on the account was 6 half

%. how much was the interest for the year in dollars and cents?

Question

Mathematics

Macdonald

25 August, 03:08

A woman put $580 into a saving account for one year. the rate of interest on the account was 6 half

%. how much was the interest for the year in dollars and cents?

+3

Answers (1)

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Dean Bowen · Answer 1

I don't know about American currency but, I think it is $617 and 70 cents like $617.70.

6.5% = 6.5/100 = 0.065

0.065 x 580 = 37.7

$580 + $37.70 = $617.70

A woman put $580 into a saving account for one year. the rate of interest on the account was 6 half%. how much was the interest for the year in dollars and cents?

A woman put $580 into a saving account for one year. the rate of interest on the account was 6 half

%. how much was the interest for the year in dollars and cents?