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Author Question: Find the effective rate of interest to the nearest hundredth percent if 60.94 is earned in one year ... (Read 281 times)

Mr. Wonderful

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on: Jun 24, 2018
Find the effective rate of interest to the nearest hundredth percent if 60.94 is earned in one year on a deposit of 975.

Question 2

Pedro's check register showed a balance of 550.94. His bank statement listed three items that did not appear in his register: earned interest of 4.36, a service charge of 5.50, and an ATM withdrawal of 150. Reconcile Pedro's check register.


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rachel

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Reply #1 on: Jun 24, 2018
Answer to Question 1

6.25

Answer to Question 2

399.8


Mr. Wonderful

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

peter

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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