# 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 -

simple interest:
i = 2745 * .035*3

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

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