Suobralexac Suobralexac

24-11-2016
Mathematics

contestada

If you place $1,000.00 in a savings account with an interest rate of 3.25%/ month, how much should you earn in interest at the end of the month?

$3.25
$32.50
$325.00
$0.33

Respuesta :

Nirina7 Nirina7

24-11-2016

the answer is $32.50
3.25% of $1,000.00 is $32.50, because (1000 x 3.25 ) / 100 = 32.5

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