Question

VERY Confused.

Michelle put $2000 in a savings account at 1.75 percent interest. She kept it there for 8 years. How much interest did she earn?

$35

$4.38

$43.75

$280

Answer 1

2000 * (0.0175)^(8).

Answer 2

2000· 1.75


$\mathrm{Multiply\:without\:the\:decimal\:points,\:then\:put\:the\:decimal\:point\:in\:the\:answer}$Multiply without the decimal points, then put the decimal point in the answer



Show Steps
$2000\cdot\:175=350000$2000· 175=350000



$2000\mathrm{\:has\:}0\mathrm{\:decimal\:places}$2000 has 0 decimal places

$1.75\mathrm{\:has\:}2\mathrm{\:decimal\:places}$1.75 has 2 decimal places

$\mathrm{Therefore,\:the\:answer\:has\:}2\mathrm{\:decimal\:places}$Therefore, the answer has 2 decimal places

$=3500.00$=3500.00



$\mathrm{Refine}$Refine

$=3500$=3500

Answer 3

Why do you type like that?

Answer 4

$35