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OpenStudy (anonymous):
Abbi invested $1,500 in a certificate of deposit with a simple interest rate of 4%. find the interest earned in 6 years. then find the total of prinicpal plus interest
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OpenStudy (anonymous):
I = Prt I = 1500(0.04)(6) I = 360 Then just add the principal and interest to get the total. 1500 + 360 = 1860
OpenStudy (anonymous):
thanks, get stuck on these problems
OpenStudy (anonymous):
Yeah. If it's simple interest, just use that formula.
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