SOLUTION: Rhonda Sanchez put $350 into a savings account paying 3 3/4% simple interest per year. How much interest will she earn in 4 years?
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Question 933667: Rhonda Sanchez put $350 into a savings account paying 3 3/4% simple interest per year. How much interest will she earn in 4 years?
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
I = 350(.0375)4 = $52.50
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