Answer:
$334.37
Step-by-step explanation:
First, find out how many years are between 2013 and 1626 by subtracting them.
2013-1626 = 387 years
Next, we use the formula for simple interest.
Answer = Principal*rate *time
or A = p*r*t
The Principal is the initial amount of $, so p = 24
The rate is 3.6%, in decimal form is 0.036, so r = 0.036
Time = 387
So, we plug all that in together to get A = 24*0.036*387
A = 334.368
