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e-lub [12.9K]
3 years ago
6

If you invest $1600 at 5.25% for 18 months, how much simple interest is earned?

Mathematics
1 answer:
Damm [24]3 years ago
7 0

Interest calculator for a $600 investment. How much will my investment of 600 dollars be worth in the future? Just a small amount saved every day, week, or month can add up to a large amount over time. In this calculator, the interest is compounded annually.

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arlik [135]

Answer:

All the left numbers of the Ratio go by 8's times tables and all the right numbers go by 5's times tables

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I keep believing the answer is either 18,000 or 1,800 but im incorrect. Can someone please help me?? I use the formula A^2 *2*A*
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