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QUESTION 7 of 20: Your savings account pays 2.5% interest per year. How much interest does the account pay per month.
a) .02%
b) 04%
c) 21%
d) 43%

Respuesta :

Samawati

Answer:

a) .02%

Explanation:

One year has 12 months.

The interest rate per year = 2.5%

Interest earned per month will be

=2.5% / 12

=0.02%

allenmoses34

Answer:

c 21%

Explanation:

i got it right

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