SOLUTION: Jane has received $875 from her graduation party. She put the money in the bank with a 4% interest rate. How much interest will she have after 7 years

SOLUTION: Jane has received $875 from her graduation party. She put the money in the bank with a 4% interest rate. How much interest will she have after 7 years

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Question 1131280: Jane has received $875 from her graduation party. She put the money in the bank with a 4% interest rate. How much interest will she have after 7 years
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
Is this simple interest? If so:

$245
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