Lilly C.

asked • 04/08/15

A problem on percentages

  Diana invest $25,000 in the bank in at the beginning of the year. She will receive 7% interest at the end of the year but she will have to pay a 16% tax on the interest received.

How much interest will Diana earn after she pays the tax?

What percent of die Anna's investment is the interest after paying the tax?

Please answer at 6th grade level, thanks!

1 Expert Answer

By:

Eric P. answered • 04/08/15

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5.0 (20)

-K-10 math tutor with 6 years of experience

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