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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asked Jan 16, 2017 214k views

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Eelke Van Den Bos · Answer 1 · 2017-01-22T18:05:57+0000

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

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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