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) About Me  (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