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Jennifer deposited $1,750 in a savings account that earns 1.9% simple interest. How much interest has Jennifer earned by the end of the first year? $1,783.25 $33.25 $3,325.00 $921.05
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do you know the formula for simple interest
no :/
could you walk me through it?
S.I = (p x r x t) /100 p - principal r - rate t - time
ok now put the values S.I = ( 1750 x 1.9 x 1)/100 Can you find out from here?
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