SOLUTION: Calculate the interest earned on an investment of 2500$ after 3 weeks invested at 4% simple interest per year?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Calculate the interest earned on an investment of 2500$ after 3 weeks invested at 4% simple interest per year?       Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 925705: Calculate the interest earned on an investment of 2500$ after 3 weeks invested at 4% simple interest per year?
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
I = Prt
I = 2500(.04/52)3 = $5.77