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 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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