Asked by Destiny

Find the interest earned on each account.

$970 at 4 1/2% simple interest for 2 years.

I don't know if I solved the problem correct please help:

I = p x r x t
= 970 x 0.42 x 2
= 814.8

I don't know what number to convert 1/4 to!

Answers

Answered by Ms. Sue
I = PRT

I = 970 * 0.045 * 2

I = ?

Answered by Destiny
The answer is $82.45 right?
Answered by Ms. Sue
You're close, but that's not the answer I got.
Answered by Delilah
hmmmm ok thanks!
Answered by Destiny
Oh my gosh its getting sooooo annoying sorry Ms. Sue! I keep forgetting my sister's name is still on here (we share a computer)
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