196k views
4 votes
How much interest does a $318 investment earn at 9% over one year please show your work

User Posey
by
8.6k points

1 Answer

1 vote

Answer:

$28.62

Explanation:

As investment is $318 and interest rate is 9% over the year so we'll calculate 9% of $318

9% of 318=(9/100)*318

which is equal to $28.62

User Jesse Buchanan
by
8.3k points

Related questions

asked Aug 24, 2020 159k views
Kiru asked Aug 24, 2020
by Kiru
8.8k points
1 answer
3 votes
159k views
asked Sep 16, 2022 88.2k views
Roy Chan asked Sep 16, 2022
by Roy Chan
8.9k points
1 answer
2 votes
88.2k views