3 years ago

$970 at 4 1/4% simple interest for 2 years

1 answer:

iogann1982 [59]3 years ago

3 0

For simple interest
i=prn
where i= interest p=amount invested, r=rate n=time period
i= 970*4 and 1/4 * 2
i= $8245<span />

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