SOLUTION: Find the simple interest. $1,050 deposited at an interest rate of 2% for 9 months. HELP ME THANK YOU
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Question 135133
:
Find the simple interest.
$1,050 deposited at an interest rate of 2% for 9 months. HELP ME THANK YOU
Answer by
stanbon(75887)
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Find the simple interest.
$1,050 deposited at an interest rate of 2% for 9 months
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I = Prt
I = 1050*0.02*(3/4)
I = $15.75
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Cheers,
Stan H.