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Jennifer deposited $1750 in a savings account that earns 1.9% simple interest. How much interest has Jennifer earned at the end of the first year? A: $1,783.25 B: $33.25 C: $3,3…

Jennifer deposited $1750 in a savings account that earns 1.9% simple interest. How much interest has Jennifer earned at the end of the first year? A: $1,783.25 B: $33.25 C: $3,3…
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Jennifer deposited $1750 in a savings account that earns 1.9% simple interest. How much interest has Jennifer earned at the end of the first year?

A: $1,783.25
B: $33.25
C: $3,325
D: $921.05

asked
User Jacob Mulquin
by
9.2k points

2 Answers

4 votes
921.05 is the answer


answered
User Thomas Davis
by
8.1k points
2 votes
$1750 * 0.019 = $33.25

interest earned first year was $33.25

answer is B: $33.25
answered
User Ankur Banerjee
by
7.9k points
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