kendra has $1,757 in an account that earns 12% interest compounded annually. to the nearest cent, how much…

Explanation:

Step1: Identify the formula for simple - interest (since it's compounded annually for 1 year, simple - interest formula can be used).

The formula for simple interest is $I = Prt$, where $P$ is the principal amount, $r$ is the annual interest rate (in decimal form), and $t$ is the time in years.

Step2: Convert the percentage to a decimal.

The interest rate $r = 12%=0.12$, $P=$1757$, and $t = 1$ year.

Step3: Calculate the interest.

Substitute the values into the formula: $I=1757\times0.12\times1$. $I = 1757\times0.12=210.84$.

Answer:

$210.84$