Question

write an algebraic equation and salve it

david had $4000 invested for one-fourth of a year at a simple intreset rate of 6.1%. how much interest did he earn?

Answer 1

i=prt/100
p=principle
r=rate
and t= time in years

Answer 2

i={(400)(6.1)(1/4)}/100

Answer 3

i=61

Answer 4

pe^rt is not simple interest tho

Answer 5

hashir has it i believe

Answer 6

thank you