Of the families in City X in 1994, 40 percent owned a personal computer. The number of families in City X owning a computer in 1998 was 30 percent greater than it was in 1994, and the total number of families in City X was 4 percent greater in 1998 than it was in 1994. What percent of the families in City X owned a personal computer in 1998?
(A)50%(B)52%(C)56%(D)70%(E)74%
If $2,000 in a savings account earned the equivalent of 8½ percent simple annual interest, how much interest did the amount earn in one year?