SOLUTION: Donna put $450 into a 6-month certificate of deposit that earns 4.6% simple annual interest. How much interest did the certificate earn?

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Question 1023153: Donna put $450 into a 6-month certificate of deposit that earns 4.6% simple annual interest. How much interest did the certificate earn?
Answer by addingup(3677) About Me  (Show Source):
You can put this solution on YOUR website!
12 months = 1 year
6 months = ? year
1) Solve:how many 6 month periods in 1 year.
2) Use your calculator:
450*(0.046/number of 6 month periods in 1 year) = how much interest she earned