Answer:
$194.15
Step-by-step explanation:
First, you need to find what 7% of $1,849 is,
(1,849/100)7=129.43
18 months equals 1.5 years so you then need to multiply the interest for one year by 1.5,
129.43 times 1.5=194.145
But there is no unit of money that goes to 1/1000 of a dollar so you need to round up from $194.145 to $194.15
