Question

earned interest david had $4000 invested for one-fourth of a year at asingle interest rate of 6.5%. how much interest did he earn? I NEED TO WRITE THIS IN AN algebraic equation then solve it.help please

Answer 1

if it means 6.5% a year for a quarter of a year then you would compute
\[4000(1+\frac{.065}{4})\]

Answer 2

im sorry it is 6.1% interest