document.write( "Question 943429: Jesse borrowed $2,700 at 3.5% annual simple interest for 18 months. How much interest will Jesse owe? Round to the nearest cent if necessary \n" ); document.write( "
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Jesse borrowed $2,700 at 3.5% annual simple interest for 18 months. How much interest will Jesse owe? Round to the nearest cent if necessary
\n" ); document.write( "Solution:
\n" ); document.write( "The simple interest is equal to
\n" ); document.write( "I = Prt
\n" ); document.write( " =2700(0.035)(18/12)
\n" ); document.write( " = 141.75 dollars [Answer]
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