SOLUTION: Calculate the interest earned on an investment of 2500$ after 3 weeks invested at 4% simple interest per year?
Algebra.Com
Question 925705: Calculate the interest earned on an investment of 2500$ after 3 weeks invested at 4% simple interest per year?
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
I = Prt
I = 2500(.04/52)3 = $5.77
RELATED QUESTIONS
The interest obtained after 1 year on an investment at 7(1/2)% simple interest per year;... (answered by fractalier)
calculate the simplest interest earned on a 2 year investment of $1,550 at a 8 3/4%... (answered by fractalier)
Kevin earned $165 interest for 1 year on an investment of $1500. At the same rate, what... (answered by askmemath)
Terry earned $165 interest for 1 year on an investment of $1500. At the same rate, what... (answered by Nate,stanbon)
Kevin earned $165 interest for 1 year on an investment of $1500. at the same rate, what... (answered by checkley71)
Kevin earned $165 interest for 1 year on an investment of $1500. At the same rate, what... (answered by piglet162431)
Kevin earned $165 interest for 1 year on an investment of $1500. At the same rate, what... (answered by stanbon)
Kevin earned $165 interest for 1 year on an investment of $1500. At the same rate, what... (answered by stanbon)
Kevin earned $165 interest for 1 year on an investment of $1500. At the same rate, what... (answered by checkley71)