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Home > CC3 > Chapter 8 > Lesson 8.1.2 > Problem 8-18

8-18.

Rachel has been given to put into a savings account. She earns simple interest every month. Rachel hopes to buy a car in two years. Help Rachel determine whether she will have enough money if the car will cost . Homework Help ✎

Find the amount of interest Rachel makes. Remember, her interest is added on each month. Consider how many months there are in 2 years.

Using

In 2 years, Rachel will have gained dollars of interest.