SOLUTION: Please Help: Find the interest. Round to the nearest cent. $1280 at 12% for 9 months A) Interest = $17.07 B) Interest = $115.20 C) Interest = $1382.40 D) Interest = $11

Algebra ->  Equations -> SOLUTION: Please Help: Find the interest. Round to the nearest cent. $1280 at 12% for 9 months A) Interest = $17.07 B) Interest = $115.20 C) Interest = $1382.40 D) Interest = $11      Log On


   

Question 201916: Please Help:
Find the interest. Round to the nearest cent.
$1280 at 12% for 9 months
A) Interest = $17.07
B) Interest = $115.20
C) Interest = $1382.40
D) Interest = $11,520.00
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
1280*.12=153.60 interest for one year
153.60*.75=115.20 (B) interest for 3/4 of the year