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PSYCHO15rus [73]
3 years ago
9

How much simple interest is earned in 9 months on a deposit of $7,000 at 4%

Mathematics
1 answer:
marusya05 [52]3 years ago
5 0

Step-by-step explanation:

I=?

P=$7000

R=4% or 0.04

T=9

I=($7000)(0.04)(9)

(7000)(0.04)= 280

280*9= $2520

the interest after nine months is $2520

Hope this helped

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2 years ago
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