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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?

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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12 votes
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?

User JohnnyBizzle
by
8.6k points

1 Answer

14 votes

Answer:

2.45%

Step-by-step explanation:

over 4 years

User Mark Ortiz
by
8.5k points
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