Ask a New Question

Question

sam has an savings account that increased in value over a twelve month period from $8,765.00 to 9,006.04 . what percent interest did he receive for the 12 month period?
15 years ago

Answers

Ms. Sue
Subtract 8765 from 9006.04

Divide the difference by 8765. Convert the decimal to a percent.
15 years ago

Related Questions

you have a savings account that offers an annual simple interest rat of5% you put $350 into the acco... How much will a savings account earn if the APY is 5.00% with a starting deposit of $100 with the in... How much will a savings account earn after the first quarter if $800 is deposited with a 5.00% APY? Sam has a savings account that will earn him interest at a rate of 1.5% annually. He has $40,000 in... Amy has in a savings account at the beginning of her summer vacation. She wants to use some of the... What is a savings account used for? saving money writing checks using a debit card both B and... Consider a savings account that earns 17% simple interest. How much should be deposited in the accou... Savings account A savings account is useful for all of the following purposes EXCEPT: A. Building an emer...
Ask a New Question
Archives Contact Us Privacy Policy Terms of Use