SOLUTION: Find the simple interest and the final value of the deposit that earns the given rate for the indicated length of time. Round your answers to the nearest cent. $16,087 earning 1

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Question 366582: Find the simple interest and the final value of the deposit that earns the given rate for the indicated length of time. Round your answers to the nearest cent.
$16,087 earning 10.2% for 9 months
Answer


Answer by rfer(16322)   (Show Source): You can put this solution on YOUR website!
16087*0.102*.75
I=1230.66
total=17,317.66

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