A deposit at a local bank earns between 2 percent and 5 percent simple interest in a
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A deposit at a local bank earns between 2 percent and 5 percent simple interest in a year. If Shirley makes an initial deposit of $800 at the bank, which of the following could be the amount of money in her account at the end of one year?
a. $814
b. $820
c. $842
d. $848
e. $860
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B 5 of 800 is 40 thus the maximum amount of money th...View the full answer
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Related Book For
1014 Practice Questions For The New GRE
ISBN: 9780375429682
2nd Edition
Authors: The Princeton Review
Question Posted:
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