asmaaalk asmaaalk
  • 02-04-2020
  • Mathematics
contestada

Find the simple interest when the principal is $1500 with a 4% interest rate for 4 months

Respuesta :

Aman736
Aman736 Aman736
  • 02-04-2020

Answer:

1234

Step-by-step explanation:

use bankrate to figure this out it helps to find out intrest rates and other calculators can be used

Answer Link
seeker71
seeker71 seeker71
  • 02-04-2020

Step-by-step explanation:

Given:

P=$1500

r=4%=0.04

t=4 months

=4÷12=0.33year

SI = PRT

=1500×0.04×0.33

=$19.8

Answer Link

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