Hills Grant
03/05/2024 · High School

years ago, Hazel won some money in the lottery and put it in a bank account that earns \( 4 \% \) interest compounded quarterly. If Hazel currently has \( \$ 1,000.00 \) in the bank account, now much interest has she earned? Round your answer to the nearest cent.

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Assuming Hazel won the lottery 1 year ago, she has earned approximately $38.83 in interest.

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