Asked by Jason

what is the simple interest of $1500.00 for 4 months at 63/4% annual interest?

13 years ago

Answered by Reiny

what is 1500(.0675)(4/12) ?

13 years ago

Answered by gerard

2.25%

10 years ago

Answered by Fawad

A quick question for Reiny, how did you calculate 63/4%, if you could explian in detial, I would highly appreciate it.
Thank you,
Fawad

9 years ago

Answered by joe

I=P*R*T
=1500*(0.0675)*(4/12)
=$33.75

7 years ago

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