SOLUTION: Find the simple interest for $42,368 at 5.25% annually for 5 months

SOLUTION: Find the simple interest for $42,368 at 5.25% annually for 5 months

Algebra.Com

Question 479031: Find the simple interest for $42,368 at 5.25% annually for 5 months
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
I=Prt
I=42368*0.0525*5/12
I=$926.80
RELATED QUESTIONS
Find the simple interest. $6125 at 1.25% for 6... (answered by tommyt3rd)

Easy Money Inc. charges 22% simple interest (annually) for a 3-year, $1000 loan. Find... (answered by rfer)

Calculate the simple interest on $13500.00 for 25 months at 4%... (answered by rfer)

Find the simple interest paid on a $550 loan at 2.2% annual interest for 12... (answered by Fombitz,Boreal)

A $3000 investment earns simple interest at 8% for 48 months. What is the difference in... (answered by josmiceli)

find the simple interest of 500 for 6 months at the 14.5% per... (answered by jim_thompson5910)

Find the amount due if $700 is borrowed for 14 months at 18% simple interest. (answered by ikleyn,math_tutor2020)

a teacher borrowed a certain amount of money at rate of 5% annually for 13 months. If he... (answered by stanbon)

How much should a borrower pay at the end of 9 months for his loan of 50,000 at 5% at... (answered by mananth)