A women 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 is the percentage interest rate ?
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Answer:
a.a woman deposited into bsnk=560
simple interest =560×4.5×t/100×10
=8.4
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