Question

Katie babysits to earn money. In the past 6 month skate made $825. She put $600 dollars in the bank for 4 year. Hey bank is offering 2% interest rate. How much interest will Katie earn!???

Answer 1

the fact that she made $825 in the past 6 months is irrelevant, they put that htere to trick you. to find what 2% of $600 is, multiply 600 by 0.02. and you get 12. so in one year she gains $12. multiply that by 4 years and you get $48 as your answer

Answer 2

thank you! (: