if you put $1650 into a saving account with a simple interest rate of 2.3%, how much interest would you accrue after 7 years
1 answer:
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First, apply this following rule:
Second, apply this following rule:
Third, multiply 1 × 6 to get 6 and 6 × 2 to get 12.
Fourth, find the GCF of 6 and 12.
Factors of 6: 1, 2, 3, 6
Factors of 12: 1, 2, 3, 4, 6, 12
The GCF is 6.
Fifth, divide the numerator by the GCF.
Sixth, divide the denominator by the GCF.
Seventh, collect the new numerator and new denominator.
Answer as fraction:
Answer as decimal: 0.5