How much simple interest is earned on $1000 at 3% interest for 3 months? Give your answer in dollars and cents. Simple Interest I = p • r • t

asked Jan 11, 2017 187k views

3 votes

How much simple interest is earned on $1000 at 3% interest for 3 months?

Give your answer in dollars and cents.

Simple Interest
I = p • r • t

7.8k points

Please log in or register to add a comment.

4 votes

Idk for sure if it's right but I got $90.00 as my answer..

$1000*3%*3=$90

8.3k points

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

9.4m questions

12.2m answers