Ask Question
12 August, 13:13

Question: 1 of 37: Alice earned $622.50 in interest on her savings in the bank. Before interest, the account had $12,450. What is the approximate percent she earned in interest?

3%

5%

7%

10%

+2
Answers (1)
  1. 12 August, 13:26
    0
    Alice had original amount = $12,450. She earned an interest of $622.50 on the original amount. To find the percent, say, $622.50 = x% of $12,450, we get x% = 0.05 or x = 5%. Thus, Alice earned approximately 5% of the interest.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Question: 1 of 37: Alice earned $622.50 in interest on her savings in the bank. Before interest, the account had $12,450. What is the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers