01-08-2016
Mathematics

Answered

Jessica has an account with a credit union. Her account earns 2.2% simple interest yearly. Exactly a year and a half ago, she opened her account with $900.

How much interest has she earned so far?

Verified Answer :

Ckaranja Ckaranja

04-08-2016

Interest earned= \(\frac{PRT}{100}\)
I=\(\frac{900*2.2*1.5}{100}\)
I= $ 29.70

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