Find the simple interest earned to the nearest cent for each principal, interest rate, and time. $1,200, 3.9%, 8 months

asked Nov 18, 2019 91.2k views

1 vote

Find the simple interest earned to the nearest cent for each principal, interest rate, and time.

$1,200, 3.9%, 8 months

by Delio

7.0k points

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2 votes

Try Using the Formula I=Prt

principal×rate×time

so

P-1200
R-.039
T-8 months

Malkia answered Nov 23, 2019

8.1k points

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