Monday, October 10, 2011

Try this --- Interest

Susie deposited $10 into her savings account every month for a year.

1. How much money has Susie deposited for the year?

2. Susie's account gives her 5% interest a year. Add that to her account. Hint: This is calculated as: ______________ 0.05 x (answer to question 1)

3. How much is in Susie's account, including the deposits and interest?

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