SOLUTION: I need help with this problem: How much interest will you earn on $2300 invested at 3% simple interest for three and a half years?

SOLUTION: I need help with this problem: How much interest will you earn on $2300 invested at 3% simple interest for three and a half years?

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Question 816473: I need help with this problem: How much interest will you earn on $2300 invested at 3% simple interest for three and a half years?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
I=Prt
I=2300*0.03*3.5
I=$241.50
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