SOLUTION: How much simple interest will a man earn at 9% in one year and 6 months with an initial investment of ₱ 8, 450?

SOLUTION: How much simple interest will a man earn at 9% in one year and 6 months with an initial investment of ₱ 8, 450?

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Question 1172213: How much simple interest will a man earn at 9% in one year and 6 months with an
initial investment of ₱ 8, 450?
Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
I=prt=8450*0.09*1.5=1140.75 in interest
This is the solution. 9% is 0.09 and 1 year 6 months is 1.5 years. The two and the principal are all multiplied together.
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