interest - P* R * t /100
P = $7915
R = 9%
t = 9 months = 9/12 yrs = 0.75
I = 7915*9*0.75/100
Find the simple interest for the indicated length of time. $7915 at 9% interest for 9 months?
3 answers
I = PRT
= 7915x.09x9/12
= ...
= 7915x.09x9/12
= ...
The answer would be $534.26!? What confused me was the nine months, I wasn't sure how to compute that.