Asia Desai deposited $6,000 in a savings account that pays 5.5% interest compounded daily. How much interest did she earn in 21 days?

Question

anonymous · Answer

She ended up with: 6000 x (1 + 5.5%/365)^21 = $6,019.02 

So interest was $19.02

anonymous · Answer

The table shows the Webster family’s monthly expenses for the first three months of the year. Transportation costs include car payments and costs for gasoline, repairs, etc. What is the average monthly expenditure for transportation to the nearest cent?

anonymous · Answer

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