SOLUTION: Write an equation to find the amount of simple interest, A, earned on a $600 investment after 1 1/2 years if the interest rate is 2%.

SOLUTION: Write an equation to find the amount of simple interest, A, earned on a $600 investment after 1 1/2 years if the interest rate is 2%.

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Question 1011500: Write an equation to find the amount of simple interest, A, earned on a $600 investment after 1 1/2 years if the interest rate is 2%.
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
I=Prt
I=600*0.02*1.5
I=$18
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