SOLUTION: What would be the yearly earnings for a person with $6,000 in savings at an annual interest rate of 5.5 percent?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: What would be the yearly earnings for a person with $6,000 in savings at an annual interest rate of 5.5 percent?      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 277203: What would be the yearly earnings for a person with $6,000 in savings at an annual interest rate of 5.5 percent?
Answer by checkley77(12844) About Me  (Show Source):
You can put this solution on YOUR website!
6,000*.055=6,000*.055=$330 ans. for the annual interest.