I = PRT
I = 500 * 0.04 * 2
I = ?
Find the simple interest earned to the nearest cent for each principal interest rate, and time
$500,4%, 2 years
6 answers
l=40
300 5% 2years
Simple interest
Simple interest on 280 for 5years at 3% per annum
$300 at 8% for 4 years