Answer: let me explain!
Explanation:
First find 7% of 2,500, which is 25 (1%) x 7 = 175
Then (I think) if you’re trying to find the interest for one m’ont from yearly interest, divide by 12 to get 14.58
(I’m not an expert at math but I decided to give this a go, this is what I think the answer is, but if I’m wrong please correct me )