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25 January, 16:00

Chanel deposited $1175 into a savings account that pays a simple annual interest rate of 1.45%. How much interest will she earn after 4 years?

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  1. 25 January, 18:05
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    0.0775/2=0.03875

    4000*0.03875=$155.00

    1175*0.0145*4=$68.15
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