Question

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?Select one of the options below as your answer: A. 3% B. 5% C. 7% D. 10%

Answer 1

total: 622.50 +12450 =13072.50$ percent she earned is \[\frac{622.50}{13072.50}=0.0476 =4.76%..........\approx 5%\]

Answer 2

\[\approx5 \] %