Laura deposits $2,000 in an account that has an annual interest rate of
1.96%, compounded monthly. how much interest will she earn at the end of
1 month? round to the nearest cent.

12 , 1 5 2 , 0 0 0 answer

The answer is c because you turn 17.5% into a decimal which gives you .175 then you times that by $361.35 which gives you 63.23625 but then you round that which gives you 63.24. then you at 63.24 pulse 361.35 and you round it which gives you $425