Question

Sally puts $200.00 in a bank account. Each year the account earns 8% simple interest. How much interest will be earned in three years?

Answer 1

Four out of five is .8, so that's 80 %.

180 out of 365 is a shade less than 50%.

8% simple interest on $200 is $16, so the account will have earned $48 in interest.

Answer 2

yes

Answer 3

Or you could put it in an equation

Answer 4

Jana bought a car for $4200 and later sold it for a 30% profit. How much did Jana sell the car for?

Answer 5

10% of 4200=420. 420 *3 = 1260 4200+1260=5760