Question

Compute the amount of interest earned in the following simple interest problem. A deposit of $1,295 at 7% for 180 days = _____. (Note: Use 365 days in a year)

$16,317.00
$444.19
$4.44
$44.42
halp

Answer 1

yay

Answer 2

how much free time do u have?

Answer 3

The simple interest formula is
\ \[t=(180/365)\] \[P=1,295\] \[r=0.07\]

Answer 4

simple interest formula is I=P(rt)

Answer 5

ok

Answer 6

now you put the numbers in the formula
\

Answer 7

wait I put numbers but its not working..

Answer 8

let me retype it

Answer 9

I=1,295(0.07*0.49)=

Answer 10

Calculate and get the answer

Answer 11

44.4185

Answer 12

Sorry I took a bit long I had to rewrite my answer 3 times because the equation machine wasnt working

Answer 13

k

Answer 14

Yes but round it up to $44.42

Answer 15

thankx

Answer 16

You're welcome