A bank deposit of $987 paid $29.61 in interest. What was the percentage of interest paid?(1 point)

Question

Responses

3%
3%

30%
30%

0.03%
0.03%

0.3%

Answer 1

The percentage of interest paid can be calculated by dividing the interest amount by the initial deposit and then multiplying by 100.

(29.61 / 987) * 100 = 2.998

Rounded to two decimal places, the percentage of interest paid is approximately 3%. Therefore, the correct answer is 3%.

Answer 2

The answers are b c c c b
* <---- except 2 but hope this helps!!