528,954 views
3 votes
3 votes
Find the simple interest: Principal: $1750 Interest Rate: 2% Time: 9 years

User Naveed Ahmed
by
2.1k points

2 Answers

12 votes
12 votes

Answer:

315

Explanation:

To find simple interest you multiply all your numbers together.

But before you do anything you need to convert your interest rate into a decimal (you move the decimal two times to the left or divide it by 100)

Therefore , you will multiply 1750 * .02 * 9

which equals 315

User And Finally
by
2.9k points
18 votes
18 votes

Answer:

2,065.00

Explanation:

User Ridwan Malik
by
2.9k points