Jenny has $300. She found a bank with an interest rate of 3.8% compounded monthly. How much interest would she earn in one year? (Round to the nearest cent-- 2 decimal places)

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02-03-2021
Mathematics

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Jenny has $300. She found a bank with an interest rate of 3.8% compounded monthly. How much interest would she earn in one year? (Round to the nearest cent-- 2 decimal places)

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