Question

Stacy started with $40 in a savings account that earns 5% annually. ​How much interest will she get in one year?

Answer 1

Here is the answer enjoy

Answer 2

$2

Explanation:

She earns 5% of $40 each year. To find how much she makes in 1 year, multiply 5% and 40

40*5%

Convert 5% to a decimal by dividing by 100

5%/100=0.05

40*0.05=2

So, in one year, the account earns $2 in interest