SOLUTION: a bank account earns interest of one tenth of a cent per dollar. How much interest would 1250.00 in the account earn? how do you get this answer?
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Question 389180: a bank account earns interest of one tenth of a cent per dollar. How much interest would 1250.00 in the account earn? how do you get this answer? Answer by haileytucki(390) (Show Source):
You can put this solution on YOUR website! (1)/(10)*((0.01)/(1))*1250
Divide 0.01 by 1 to get 0.01.
(1)/(10)*(0.01)*1250
Reduce the expression (1250(0.01))/(10) by removing a factor of 10 from the numerator and denominator.
125(0.01)
Multiply 125 by each term inside the parentheses.
1.25 is earned
