yourfavgirllaylay00 yourfavgirllaylay00
  • 16-09-2020
  • Mathematics
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A woman has $450 in a bank account. She earns 5% interest on her end-of-month balance.
How much interest will she earn for the month?

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kelsonm3420
kelsonm3420 kelsonm3420
  • 16-09-2020

Answer:

Total Money: $472.50    Amount earned from Interest: $22.50

Step-by-step explanation:

$450 * 1.05 = $472.50 = Total Money

$472.50 - $450 = $22.50 = Money Earned from Interest

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