Chaney deposits $1435.73 into a savings account that pays a simple annual interest rate of 1.32%. How much interest will she earn after 3 years?

Answer: 56.85

Step-by-step explanation:

$1435.73 x 0.0132 x 3 = 56.854908

You get the 0.0132 by using 1.32% and moving the decimals two place to the left to get 0.0132.

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