Gabrielle Patterson deposited $3,600 in a new savings account. She made no other deposits or withdrawals. The bank pays an annual interest rate of 4.75 percent. How much simple interest did her money earn after 3 months? Awnsers $513.00 $57.00 $42.75 $4.75

Gabrielle Patterson deposited $3,600 in a new savings account. She made no other deposits or withdrawals. The bank pays an annual interest rate of 4.75 percent. How much simple interest did her money earn after 3 months? Awnsers $513.00 $57.00 $42.75 $4.75

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter17: Accounting For Notes And Interest

Section: Chapter Questions

Problem 1CE

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100%

Awnsers

$513.00

$57.00

$42.75

$4.75

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