Math / Numbers & Operations

QuestionWhat is the interest earned after 1 year in a savings account with an initial investment of \$826 and a 3.5\% simple interest rate?

Studdy Solution
Perform the multiplication to find the interest.
$I = 826 \cdot 0.035 = 28.91$
Solution: The interest earned after 1 year is \$28.91.

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