SOLUTION: What is the simple interest of 4000 with a rate of 14% and time of 4 1/2 years

SOLUTION: What is the simple interest of 4000 with a rate of 14% and time of 4 1/2 years

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Question 574140: What is the simple interest of 4000 with a rate of 14% and time of 4 1/2 years
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
What is the simple interest of 4000 with a rate of 14% and time of 4 1/2 years
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I = Prt
Interest = 4000*0.14*4.5 = $2520.00
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Cheers,
Stan H.
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