SOLUTION: david had $4000 invested for one fourth of a year at a simple interest of 6.1%. how much interest did he earn.

SOLUTION: david had $4000 invested for one fourth of a year at a simple interest of 6.1%. how much interest did he earn.

Algebra.Com

Question 364530: david had $4000 invested for one fourth of a year at a simple interest of 6.1%. how much interest did he earn.

Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
I=4000*0.061*0.25
I=61
RELATED QUESTIONS
David had $4000 invested for one fourth of a year at a sample interest rate of 6.1% How... (answered by stanbon)

David had $4000 invested for 1/4 of a year at a simple rate of 6.1%. How much interest... (answered by rfer)

$4000 invested for 1/4 of a year at a interest rate of 6.1%, how much interest did he... (answered by lagapa)

David had $4000 invested for one fourth of a year ar a simple interest rate of 6.1%. how (answered by rfer)

I am having to write an algebraic equation for each problem and solve it. I am not sure... (answered by mananth)

Katie invested a total of $4000, part at 3% simple interest and part at 4% simple... (answered by josmiceli)

Katie invested a total of $4000, part at 4% simple interest and part at 5% simple... (answered by ankor@dixie-net.com,stanbon)

Alex invested $6000, part at 6% simple interest and part at 4% simple interest for a... (answered by mananth)

HUANG invested $9000 in mutual funds and bonds. the mutual fund earned 11% simnple... (answered by mathstutor458)