Jo deposits $13,000 in a savings account that earns 7.75% interest. How much interest will the account earn after 18 months?

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1. I = prt

   I = 13,000(0.0775)(1.5)

   Note: t = time in years. We know that 18 months is 1.5 years.

   I = $1,511.25

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2. Answer:

   I = $1,511.25

   Step-by-step explanation:

   hope it helps

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