SOLUTION: George had $4,500 in a savings account earning simple interest at a rate of 2.5% per year. At the end of the year, George paid 25% in taxes on his interest. How much money did Ge

SOLUTION: George had $4,500 in a savings account earning simple interest at a rate of 2.5% per year. At the end of the year, George paid 25% in taxes on his interest. How much money did Ge

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Question 680810: George had $4,500 in a savings account earning simple interest at a rate of 2.5% per year. At the end of the year, George paid 25% in taxes on his interest. How much money did George earn in interest that year after paying taxes?
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
His interest was
His tax on interest was
He has left
He earned $84.38

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