Question

Becca's savings account has an APR of 2.65%, calculates interest daily, and pays interest at the end of the month. If during the month of November, her balance was $1300 for the first 10 days of the month, $1800 for the next 10 days of the month, and $2800 for the last 10 days of the month, how much total interest did Becca earn in November? Show your work.

Answer 1

@katherine

Answer 2

I got you gurl!!

Answer 3

THANK YOUUUU

Answer 4

hay sxys

Answer 5

Hay sexi

Answer 6

ooo (;

Answer 7

I'm just checking my work, one sec :)

Answer 8

Kkkkkkkk

Answer 9

hold on. Let me just type it out.

Answer 10

k

Answer 11

Rate of Interest = 2.65%=2.65/100

So,

Interest = P*r*t

Interest on 1300 for 10= 1300\[\times(2.65\div100)\times(10\div365)=0.94\]
Interest on 1800 for 10=1800\[\times(2.65\div100)\times(10\div365)=1.3\]
Interest on 2800 for 10 =2800\[\times(2.6\div100)\times10\div365=2.0\]
So the total is
\[4.24\]

Answer 12

I tried my bets. I hope you understand it.

Answer 13

tyty

Answer 14

You're welcome!

Answer 15

my best*

Answer 16

I have one more ;o