Kim places $500 in a bank account that pays 3% simple interest per year a) how much interest will she earn each year? b) how much will she have in her account after 1 year?

a) SI = prt

SI = 500 x .03 x 1

SI = 15

b) Amount in her account after 1 year

500 + 15 = 515

3/4 ÷ 3/4

step-by-step explanation:

basically divide any proper fraction with itself to fit the criteria.

so if we are using 3/4, then:

3/4 ÷ 3/4 = 1

so 1 is the quotient.

and the numerators for both these fractions is 3.   and if we divide the numerators:

3 ÷ 3 = 1

we see that quotient is equal to our original quotient as well.