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Another bank offers a different savings rate. if an account with $400 earns interest of $6, how much interest is earned by an account with $1800?

Another bank offers a different savings rate. if an account with $400 earns interest of $6, how much interest is earned by an account with $1800?
asked 47.6k views
4 votes
another bank offers a different savings rate. if an account with $400 earns interest of $6, how much interest is earned by an account with $1800?

asked
User Pawni
by
7.8k points

1 Answer

4 votes

Answer:

$27

Explanation:

$400 earns $6

$6÷$400= 0.015% interest

$1800 * 0.015% = $27

answered
User LightBulb
by
8.6k points
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