How much simple interest would $1 ,400 earn in 12 months at an interest rate of 3.25%?

asked Dec 15, 2021 149k views

1 vote

4.7k points

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6 votes

Answer:

$45.50

Explanation:

Shahnaz answered Dec 17, 2021

4.1k points

0 votes

Answer:

$45.50

Explanation:

Interest = Principal x rate x time (in years)

I = 1400 x .0325 x 1

Scamparelli answered Dec 21, 2021

4.2k points

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