Hillary opened a savings account with $1,500. How much simple interest will she earn if she leaves the money in the account for two years at an interest rate of 0.025? Use the formula i = prt.

Question

anonymous · Answer

I = prt
Fill in the variables.
I = 1500* 0.0257 * 2

anonymous · Answer

She will earn $75 over 2 years.

anonymous · Answer

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anonymous · Answer

Sorry about the typo...need my glasses.

anonymous · Answer

Its ok (: