SOLUTION: How much simple interest would I earn on $300 at 6% for 6 months?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: How much simple interest would I earn on $300 at 6% for 6 months?      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 836220: How much simple interest would I earn on $300 at 6% for 6 months?
Answer by jim_thompson5910(35256) About Me  (Show Source):
You can put this solution on YOUR website!
I = Prt

I = 300*0.06*(6/12)

I = 9 dollars