SOLUTION: Find the interest and final amount on $20, 100 at 9% simple interest for 89 days.

SOLUTION: Find the interest and final amount on $20, 100 at 9% simple interest for 89 days.

Algebra.Com

Question 1007595: Find the interest and final amount on $20, 100 at 9% simple interest for 89 days.
Answer by fractalier(6550) (Show Source): You can put this solution on YOUR website!
Simple interest is found by
I = prt
I = (20100)(.09)(89/365) = $441.10
RELATED QUESTIONS
Find the ordinary and exact interest on 8800 for 85 days at 11�% simple... (answered by jim_thompson5910)

the difference between compound interest and simple interest for 3years at 20%is48 find... (answered by mananth)

Find the final amount if $750 is invested at 5% interest compounded semiannually for 20... (answered by rfer)

Find the simple interest on a $700 loan for 45 days at a 15% rate of interest... (answered by rfer)

Find the compound interest and the final amount for N15000 for 2years at 5% per... (answered by ikleyn)

a company borrows 91,000 for 6 years at a simple interest rate of 12.5% find the... (answered by rfer)

A company borrow $56,000 for 6 years at a simple interest rate of 10.5%. Find the... (answered by lynnlo)

a company borrows 81000 for 5 years at a simple interest rate of 7.5%. find the interest... (answered by Abdullahi2 hassan mamman)

Chloe�s Manufacturing Company borrows $295,000 for 5 years at a simple interest rate of... (answered by Boreal)