Homework Help: math

Posted by grace on Tuesday, October 18, 2011 at 9:11pm.

in the month of May, ronald earned $4.36 in interest on his saving account. if his interest rate is 0.2%, how much money was in his account during the month?

math - PsyDAG, Wednesday, October 19, 2011 at 2:59am
Assuming that the rate is monthly,

.002x = 4.36

Solve for x.

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