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Mathematics 16 Online
OpenStudy (anonymous):

A woman put $580 into a savings account for one year. The rate of interest on the account wss 6 1/2 %. How much was the interest for the year in dollars and cents? (Round to the nearest cent)

OpenStudy (jackthegreatest):

thats high interest lol

OpenStudy (jackthegreatest):

ok so wats 580 times 6.5%

OpenStudy (anonymous):

Idk???

OpenStudy (jackthegreatest):

lol k ill tell u the answer

OpenStudy (anonymous):

Idk???

OpenStudy (jackthegreatest):

37.7

OpenStudy (anonymous):

9,570

OpenStudy (jackthegreatest):

the answer is $37.70

OpenStudy (anonymous):

Oh

OpenStudy (anonymous):

How did you get that?

OpenStudy (jackthegreatest):

580 x 0.065

OpenStudy (anonymous):

And how did you get .065?

OpenStudy (jackthegreatest):

that is the equivalent to 6.5%

OpenStudy (anonymous):

Oh! Thank you (:

OpenStudy (jackthegreatest):

welcome

OpenStudy (triciaal):

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