Thursday
March 23, 2017

Post a New Question

Posted by on Sunday, June 24, 2012 at 10:48pm.

Tasha has a savings account which earn 8% interest. If she has $1400 in her account, how much interest will she earn in one year?

I got $112.00 but it doesn't look right.

  • Pre algebra - , Sunday, June 24, 2012 at 10:51pm

    1400 * 0.08 = 112

    You're right.

  • Pre algebra - , Sunday, June 24, 2012 at 10:51pm

    It doesn't look right because for the last several years, savings accounts have earned less than 1% per year.

Answer This Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Post a New Question