exam Maths Puzzle Numerical Ability

Paul invested $5000 in a time deposit. What interst will he earn for 1 year if the interest rate is 6.5%?

Is the answer $325.00

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exam Other Question
A home purchased for $400,000 depreciated 8% over a 1-year period. What was the value of the home at the end of the year? Divide: (2x^3 - x^2 + 3x - 1) / (x + 2)