You calculate the interest on saving accounts by using this formula: Interest=Principal x Rate X Time If Mary deposits $275 in principal at an interest rate of 3.2 percent, how much interest will she earn in one year?

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Interest = Principal x Rate x Time I= 275 x 3.2% x 1 I=275 x .032 I=$8.8 $8.80

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Asked 11/26/2021 10:27:45 PM

Updated 1/14/2022 8:50:42 AM

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Edited by Sting [1/14/2022 8:50:40 AM], Confirmed by Sting [1/14/2022 8:50:42 AM]

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