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$925 at 2.3% for 2.4 years interest earned

$925 at 2.3% for 2.4 years interest earned
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$925 at 2.3% for 2.4 years interest earned

User Koayst
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~~~~~~ \textit{Simple Interest Earned} \\\\ I = Prt\qquad \begin{cases} I=\textit{interest earned}\\ P=\textit{original amount deposited}\dotfill & \$925\\ r=rate\to 2.3\%\to (2.3)/(100)\dotfill &0.023\\ t=years\dotfill &2.4 \end{cases} \\\\\\ I = (925)(0.023)(2.4)\implies I=51.06

User Sloloem
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