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OpenStudy (anonymous):
Darryl's bank offers 3% interest per year. If he deposits $100 in that bank, how much simple interest does he earn in 6 months?
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OpenStudy (saifoo.khan):
I = PRT?
OpenStudy (anonymous):
Pre Algebra student here. Interest = Principle x Rate x ____?
OpenStudy (saifoo.khan):
x = 100 * 0.03 * 0.5
OpenStudy (anonymous):
1.5
OpenStudy (saifoo.khan):
So darryl will get $1.5
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OpenStudy (anonymous):
Thanks!
OpenStudy (saifoo.khan):
np.
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