Keri's Savings Account Pays Simple Interest at a Rate of 4.5

question 44

Short Answer

Keri's savings account pays simple interest at a rate of 4.5 percent. After nine months, the account had earned $202.50 in interest. Find the principal.

---

Definitions:

Dissatisfaction

Dissatisfaction is the feeling of displeasure or unhappiness resulting from unmet expectations or desires.

Psychological

Relates to the mental processes and emotional state of an individual or group.

Collateral Characteristics

Attributes or features that are parallel or supplementary to the main qualities or aspects of something or someone.

Personal Qualities

The characteristics, traits, or attributes that define an individual’s personality or demeanor.