How much interest should the account earn per year if you opened a bank account and deposited 225 and it earns 6 percent annually?

1 answer

Answer

1222447

2026-03-26 00:25

+ Follow

If you deposited $225 in a bank account that earns 6 percent annually, the interest earned in one year would be calculated by multiplying the principal amount by the interest rate. This can be calculated as follows: $225 x 0.06 = $13.50. Therefore, the account should earn $13.50 in interest per year.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.