Find the interest earned on each account.

Question

$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!

Answer 1

I = PRT

I = 970 * 0.045 * 2

I = ?

Answer 2

The answer is $82.45 right?

Answer 3

You're close, but that's not the answer I got.

Answer 4

hmmmm ok thanks!

Answer 5

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)