How much simple interest does $2,560 earn in 17 months at a rate of 11 %. Round to the nearest cent (hundredth). What will be the new balance?

asked Feb 28, 2021 20.0k views

5 votes

How much simple interest does $2,560 earn in 17 months at a rate of 11

%. Round to the nearest cent (hundredth). What will be the new
balance?

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2 votes

Answer:

You end up with $15,091.44 This means you earned $12,531.44

Explanation:

Ophelie answered Mar 7, 2021

3.8k points

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