Register

How much simple interest would $1,500 earn in 11 months at an interest rate of 3.75%

How much simple interest would $1,500 earn in 11 months at an interest rate of 3.75%
226k views
0 votes
How much simple interest would $1,500 earn in 11 months at an interest rate of 3.75%

User Jon Claus
by
7.4k points

1 Answer

1 vote

Answer:

I = $1,500(.0375)(11/12) = $51.56

User Shane Kenyon
by
8.9k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!