Jane recelved $875 from her graduation party. She put the money in a bank with a 4% simple interest rate. How much interest will she have earned after 7 years? A) $205 Ms. Carrey B) $225 Mr. Smith C) $245 Mr. Fullerton D) $2250 Mrs. Williams E) $2450 Mrs. Langston

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Help please.
Jane recelved $875 from
her graduation party. She
put the money in a bank with
a 4% simple interest rate.
How much interest will she
have earned after 7 years?
A) $205
Ms. Carrey
B) $225
Mr. Smith
C) $245
Mr. Fullerton
D) $2250
Mrs. Williams
E) $2450
Mrs. Langston
Transcribed Image Text:Jane recelved $875 from her graduation party. She put the money in a bank with a 4% simple interest rate. How much interest will she have earned after 7 years? A) $205 Ms. Carrey B) $225 Mr. Smith C) $245 Mr. Fullerton D) $2250 Mrs. Williams E) $2450 Mrs. Langston
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