contestada

Calculate the simple interest earned on an investment of $7250 at a semiannual rate of 2.1% for 6 years.

Write your answer to the nearest cent.

Respuesta :

chibabykalu16

Answer:

the simple interest=913.5

914 (Nearest cent)

Step-by-step explanation:

[tex]i = \frac{prt}{100} \\ i = \frac{7250 \times 2.1 \times 6}{100} \\ i = \frac{91,350}{100} \\ i = 913.5[/tex]

[tex]I = 914 \\ to\: the\: nearest \:cent[/tex]

Otras preguntas