SOLUTION: Sam has $2750.00 in a savings account that earns simple interest at a rate of 1 3/4% per year. How much interest will you have earned after 7 years?
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Question 988314: Sam has $2750.00 in a savings account that earns simple interest at a rate of 1 3/4% per year. How much interest will you have earned after 7 years?
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
Where 
is the interest earned, 
is the original principal, 
is the interest rate expressed as a decimal, and 
is the time in years.
Just do the arithmetic.
John
My calculator said it, I believe it, that settles it
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