09-09-2018
Mathematics

contestada

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

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milkyfic milkyfic

09-09-2018

$37.70 because $580 × 6.5% (0.065) = $37.70

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