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Pre algebra

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Tasha has a savings account which earn 8% interest. If she has $1400 in her account, how much interest will she earn in one year?

I got $112.00 but it doesn't look right.

  • Pre algebra - ,

    1400 * 0.08 = 112

    You're right.

  • Pre algebra - ,

    It doesn't look right because for the last several years, savings accounts have earned less than 1% per year.

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