SOLUTION: Use simple interest to find the ending balance, given the following values for principal, rate, and time.
$14,000 at 15.2% for 6 years
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Question 979249: Use simple interest to find the ending balance, given the following values for principal, rate, and time.
$14,000 at 15.2% for 6 years
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
I=Prt
I=14000*0.152*6
I=12768
14000+12768=26,768
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