SOLUTION: Find the total simple interest on $6,000.00 invested at 9% for 5 years. I do not remember how to work with percentages or how to figure out these sort of problems. Thank you! Jes

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Find the total simple interest on $6,000.00 invested at 9% for 5 years. I do not remember how to work with percentages or how to figure out these sort of problems. Thank you! Jes      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 188262: Find the total simple interest on $6,000.00 invested at 9% for 5 years.
I do not remember how to work with percentages or how to figure out these sort of problems. Thank you! Jessica

Answer by Mathtut(3670) About Me  (Show Source):
You can put this solution on YOUR website!
I=prt
:
I=6000(.09)(5)
:
I=$2700