Ask your own question, for FREE!
Mathematics 20 Online
OpenStudy (anonymous):

Calculate the simple interest earned. If $9,000 is invested for 1 year at a rate of 4%, how much simple interest is earned?

OpenStudy (anonymous):

9000 ( 1 + 0.4) = 9360 9360-9000 = 360

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!