Alice earned $622.50 in interest on her savings in the bank. before interest, the account had $12,450. what is the approximate percent she earned in interest? a. 3% b. 5% c. 7% d. 10%

Kim took out a $55,000 loan for college she is borrowing money from 2 banks bank a charges an interest rate of 8% and b charges an interest rate of 11% after one year kim owes 5000 in interest how much money did she borrow from bank a.