SOLUTION: Nina recieved a gift of $12,000 from her grandmother. She invested all of it at 12% interest. What is the total yearly interest from the investment?

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Question 45584: Nina recieved a gift of $12,000 from her grandmother. She invested all of it at 12% interest. What is the total yearly interest from the investment?
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
12%(12000)= 0.12(12000)= $1440.00
Cheers,
Stan H.