Post a New Question

Pre algebra

posted by .

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 -

    1400 * 0.08 = 112

    You're right.

  • Pre algebra -

    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
Your Answer

Related Questions

More Related Questions

Post a New Question