Note: Please make sure to properly format your answers. All dollar figures in the answers need to include the dollar sign and any amount over 1,000 should include the comma
($2,354.67). All percentage values in the answers need to include a percentage sign (%). For all items without specific rounding instructions, round your answers to two decimal places,
show both decimal places (5.06).
Jerome deposits $3700, in a certificate of deposit that pays 1.8% interest, compounded annually. How much interest does Jerome earn in one year?