Answered

Katie deposited $1,000 in the bank for 7years. She earned a simple interest rate of 2.5%. How much interest did she earn? Round your answer to the nearest cent.

Answer :

Answer:

$188.69

Step-by-step explanation:

1000 x 1.07^7 = $1188.69

1188.69-1000 = $188.69

DAlTaie4707

Answer:

i will say $188.69

Step-by-step explanation:

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