Asked by carol

how do I work this problem simple intrest

I=Prt
P= $54 r=4% and t=9months
Answered by Ms. Sue
I = 54 * 0.04 * 0.75
Answered by carol
I did this and got 1.62 am I suppose to just end there or divide by another
Answered by DrBob222
That's the problem. That's the end of it. You've multiplied P*r*t, what else is left to do?
Answered by Ms. Sue
The interest is $1.62.

Answered by carol
I don't mean to be difficult that's what I had also the computer kept saying I was wrong. Sorry for asking
Answered by MathMate
I understand the formula given is to calculate interest, but does the question ask to calculate interest or amount owing?
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