Register

$970 at 4 1/4% simple interest for 2 years

$970 at 4 1/4% simple interest for 2 years
88.6k views
0 votes
$970 at 4 1/4% simple interest for 2 years

User SystemParadox
by
7.8k points

1 Answer

7 votes
For simple interest
i=prn
where i= interest p=amount invested, r=rate n=time period
i= 970*4 and 1/4 * 2
i= $8245
User ZomoXYZ
by
8.7k points
← Prev Question Next Question →

Related questions

User Estefani
asked Apr 28, 2021 105k views
Find the interest earned on the account $970 at 4 1/4% simple interest for 2 years​
Estefani asked Apr 28, 2021
by Estefani
7.5k points
1 answer
5 votes
105k views
User FXQuantTrader
asked Dec 2, 2024 147k views
What is the mean median mode and range of $834, $1099, $755, $900, $970
FXQuantTrader asked Dec 2, 2024
by FXQuantTrader
7.5k points
1 answer
3 votes
147k views
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!