# Math

Sarah has \$480 in her savings account earning 4/1/4% interest. How much interest will she earn in 2/1/2 years? How much money will be in the account after 2/1/2 years?

First year -- \$480 x .0425 = \$20.40
..................\$480 + 20.40 = \$500.40

Second year -- \$500.40 x .0425 = \$21.27
...............\$500.40 + 21.27 = \$521.67

Half year -- \$521.67 x .0425 = \$22.17/2
............\$521.67 + \$11.09 = \$532.76

1. 👍 0
2. 👎 0
3. 👁 105

## Similar Questions

1. ### Lat math question for some days. Can y'all help?

Huan deposited \$850 into a college savings account earning 4.8% interest compounded annually. He also deposited \$850 into a second account earning 4.8% simple interest. He made no additional deposits. After 10 years, which account

asked by DerpyPegasus33 on December 9, 2014
2. ### Can you help me with this math problem? ASAP plz!

Lester deposited \$400 into a savings account earning 4.5% simple interest, and \$450 into an investment account earning 3.2% interest compounded annually. What was the total interest he earned in 3 years? A \$986.00 B \$89.06 C \$9.60

asked by DerpyPegasus33 on December 9, 2014

Lester deposited \$400 into a savings account earning 4.5% simple interest, and \$450 into an investment account earning 3.2% interest compounded annually. What was the total interest he earned in 3 years? A \$986.00 B \$89.06 C \$9.60

asked by DerpyPegasus33 on December 9, 2014
4. ### Algebra( check my answers)

1. Juan deposited \$200 in a savings account earning 3% interest over 2 years. What was the total amount of interest earned after 2 years? \$12 \$24 \$120 ( my answer) \$240 2. Mary borrowed \$11,000 at 5% interest for 4 years. What was

asked by Sara on September 19, 2014
5. ### math (algebra 1)

help please, i need help on this question wendy deposited \$60 in a savings account earning 10% interest, compounded annually. To the nearest cent, how much interest will she earn in 3 years?

asked by neo on March 30, 2016
6. ### Algebraic inequalities

Julie earned a \$1500 bonus at work for doing a good job. She placed part of the money in a regular savings account earning 2.5% annual interest. She placed the remaining amount in a money market account earning 5% interest

asked by Logan on December 18, 2017
7. ### Algebraic inequalities

Julie earned a \$1500 bonus at work for doing a good job. She placed part of the money in a regular savings account earning 2.5% annual interest. She placed the remaining amount in a money market account earning 5% interest

asked by Logan on December 18, 2017
8. ### math

Kerry Stutsman has \$500 in a saving account earning .45% interest. She is considering buying a 1-year certificate of deposit (CD) that pays 3.25% interest. What will be the annual difference in her interest earnings between the

asked by Anonymous on January 13, 2013
9. ### math

Huan deposited \$850 into a collegesavings account earning 4.8% interestcompounded annually. He also deposited\$850 into a second account earning 4.8%simple interest. He made no additionaldeposits. After 10 years, which account

asked by mr.E on November 17, 2014
10. ### MATH HELP! Complex Interest

Huan deposited \$850 into a collegesavings account earning 4.8% interestcompounded annually. He also deposited\$850 into a second account earning 4.8%simple interest. He made no additionaldeposits. After 10 years, which account

asked by DerpyPegasus33 on December 9, 2014

More Similar Questions