Hazel invests $1800 for 7 years at a rate of 1.5% per year compound interest.
Calculate how much interest she will receive after the 7 years.
Give your answer correct to the nearest dollar.
pleaseee help mee
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I think this is not maths questions this is a account question
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0
Answer:
1998
Step-by-step explanation:
- the formula for compound interest is: p(1+r/100)^n
- so substitute
- 1800(1+1.5/100)^7 = 1997.7
- round it: 1998
hope this helps <3
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