andheralmonte2 andheralmonte2

08-04-2016
Mathematics

contestada

a woman put $580 into a saving account for one year . the rate of interest on the account was 6 half
%. how much was the interest for the year in dollars and cents?

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bananasinpjs bananasinpjs

08-04-2016

I don't know about American currency but, I think it is $617 and 70 cents like $617.70.

6.5% = 6.5/100 = 0.065
0.065 x 580 = 37.7
$580 + $37.70 = $617.70

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