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OpenStudy (anonymous):
Lisa invested $5200 in a savings account with a yearly interest rate of 6% for 9 years. How much simple interest did she earn?
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OpenStudy (anonymous):
somebody?
OpenStudy (anonymous):
Hi, The formula for caluclating simple interest is P*T*R/100. In this case, P(Principal) = 5200 T(Time) = 9 R(Rate) = 6 Substituing the values in the formula, gives the simple interest.
OpenStudy (anonymous):
APEX: $2808
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