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1 Find the amount of interest that would be paid on a $5,255.52 deposit at 5.25% simple interest for 1 year. 2 Martina deposited $4,257.09
1 Find the amount of interest that would be paid on a $5,255.52 deposit at 5.25% simple interest for 1 year.
2 Martina deposited $4,257.09 in a certificate of deposit. Two years later, the value of her account had grown to $4,503.27. How much interest did she earn?
3
Determine the simple interest for a loan of $5,250 for 1 year if the simple interest rate is 1.25% per month.
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