document.write( "Question 365477: You invest $1500 for three years. Find the amount of simple interest you earn at an annual rate of 8.25%. \n" ); document.write( "
Algebra.Com's Answer #260556 by mananth(16946)![]() ![]() You can put this solution on YOUR website! principal = 1500 \n" ); document.write( "rate = 8.25% = 0.0825 \n" ); document.write( "time = 3 years \n" ); document.write( "I= p*r*t \n" ); document.write( "I = 1500*0.0825*3 \n" ); document.write( "Interest = $371.25 \n" ); document.write( "... \n" ); document.write( "m.ananth@hotmail.ca \n" ); document.write( " |