Asked by Ok I Am Yasmine

Calculate the simple interest for each situation. Which choices have a simple interest grater than $800. Select all that apply:

$2,000 at 6% for 7 years

$4,500 at 3% for 6 years

$1,400 at 6% for 9 years

$5,000 at 7% for 3 years

$800 at 15% for 5 years

I really need help. I am under a lot of stress right now.

Answers

Answered by Ms. Sue
Use the formula I=PRT. I'll do the first one for you.

I = 2,000 * 0.06 * 7
I = $840

Answered by Ok I Am Yasmine
My answers are:

The first one
The second one
The fourth one

Am I right??
Answered by Ms. Sue
????? Huh?
Answered by Violet Exowon
Are those rates greater than $800? The first, second, and fourth ones.
Answered by Violet Exowon
Sorry if this is confusing. I have two user names
Answered by Ms. Sue
Yes, they're right.

Please use just one name for your posts.
Answered by Violet Exowon
Okay. Sorry. Thanks!
Answered by syn
help
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