Solve the problem. Assume that simple interest is being calculated in each case. Round to the nearest cent.John Lee's savings account has a balance of $4,543. After 15 months, what will the amount of interest be at 5.3% per year?
A. $240.78
B. $255.78
C. $302.87
D. $300.97
Answer: D
Mathematics
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Perform the conversion. Round to the nearest hundredth when necessary.58.1 gal to L
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Identify the fraction as a proper fraction or an improper fraction.
A. Proper fraction B. Improper fraction
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A school teacher starts a retirement savings plan in which $25 is deposited at the beginning of each week into an account that earns an annual interest rate of 2.75% compounded weekly.
a. $52,036.38 b. $53,467.38 c. $99,361.63 d. $52,063.9
Mathematics