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Algebra 1

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(3 points) Frank invests $2,745 for 3 years at a rate of 3.5%. How much interest did Frank make? PLEASE HELP SOOOON!!!

  • Algebra 1 -

    just plug in your formula

    simple interest:
    i = 2745 * .035*3

    compound interest:
    i = 2745(1+.035)^3 - 2745

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