7 A woman deposited $560 in a bank.
a The bank decided to give all its customers 4.5% interest. Calculate how much she received
in interest.
b The next year she had $720 in the bank and received $27.36 interest. What was the percentage
interest rate?
Answers
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6
Answer:
A- 25.2 into she got 585.2
B the percentage rate of interest was 3.8%
Step-by-step explanation:
A - when you take 560 and multiply with interest which is 4.5 and divide it with 100 you will no 25.2 when add it to actual amount you get 585.2
B - 720 x 3.8 ÷100= 27.36
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