SOLUTION: if someone has 360 dollars in his savings account in the bank he earns 3% interest each month how much interest would he earn in one month
Algebra.Com
Question 258557: if someone has 360 dollars in his savings account in the bank he earns 3% interest each month how much interest would he earn in one month
Found 2 solutions by stanbon, richwmiller:
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
if someone has 360 dollars in his savings account in the bank he earns 3% intrest each month how much intrest would he earn in one month
------------------------------------------------
3% times 360 = (3/100)360 = 1080/100 = $10.80
================================================
Cheers,
Stan H.
Answer by richwmiller(17219) (Show Source): You can put this solution on YOUR website!
It is hard to find 3% annual interest let alone 3% monthly!
RELATED QUESTIONS
omar puts 8,000 dollars in his savings the account earns 6% simple interest a year how... (answered by ewatrrr)
John has $10,220 to invest. He invests part of his money in a CD at 5% interest and the... (answered by checkley77)
Preston received a paycheck for $900.00 and he wants to invest it in a savings account. A (answered by josmiceli)
tracy has $4,300 in his savings account. the money in the account earns 4.6% interest... (answered by Jeff Gordon)
tracy has 4,300 in his savings account. The money in the account earns 4.6% interest each (answered by rfer)
Thomas has $6000 invested among a checking account paying 2% annual interest, a savings... (answered by mananth)
Dave has $3000 more money in a money market account than his savings account the savings... (answered by ikleyn)
A savings account in the Emigrant Savings Bank in New York now earns 2.25% simple... (answered by josmiceli)
Steve's bank pays an annual interest rate of 2.8 percent on a savings account. The... (answered by ewatrrr)