Posted by **Ben** 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 -
**Ms. Sue**, Sunday, June 24, 2012 at 10:51pm
1400 * 0.08 = 112

You're right.

- Pre algebra -
**Ms. Sue**, 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

## Related Questions

- pre algebra - At the beginning of the year 2000, Bob put $100 in a savings ...
- 6 grade algebra - cindy earns 6% simple interest each year on her savings ...
- math - Jill deposited $650 in a savings account with two percent simple interest...
- Pre-Algebra help PLZ!! - Hassan deposited $7,500 into a bank account. At the end...
- Math/Algebra - Jeremy opened two saving accounts at the beginning of 2010, each...
- Algebra - I really need your help in solving this problem. I really appreciate ...
- Math/Algebra - Jeremy opened two saving accounts at the beginning of 2010, each...
- pre-algebra - You split $1500 between two savings accounts. Account A pays ...
- algebra - Hassan deposited $7,500 into a bank account. At the end of 3 years, ...
- algebra 1 - You deposit $70 in a savings account that pays an annual interest ...