Question

Ivan invests $1000 for 3 years at 10% per annum simple interest.
Jessie invests $1000 for 4 years at 9% per annum simple interest.


What is the difference in interest earned?

Answer 1

You know the formula for Simple interest ?

Answer 2

I do.

Answer 3

i know.

Answer 4

i am asking her.

Answer 5

What's the answer to that

Answer 6

you mean you want formula, right ?

Answer 7

We do not provide direct answers.Please check out the CoC- http://openstudy.com/code-of-conduct

Answer 8

@Jamimo12 Do you know the formula of Simple interest ?

Answer 9

if you want to learn, we can guide you, if you only want answers, go to some other site.