Asked by breanna
Abbi invested $1,200 in a certificate of deposit with a simple interest rate of 2%. Find the interest earned in 9 years. Then find the total of principal plus interest.
Answers
Answered by
Ms. Sue
I = prt
I = 1200 * 0.02 * 9
I = 216
1200 + 216 = 1416
I = 1200 * 0.02 * 9
I = 216
1200 + 216 = 1416
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