Ask a New Question

Mary invested $3,750 for 42 months at a simple interest rate of 3.85%. How much interest did she earn?

1 answer

I = Prt

I = 3750 * 0.0385 * 3.5

I = ?

Ask a New Question or answer this question.

Similar Questions

8.Mary invested RM3000 in two accounts, some at 12% per annum and the rest at 8 percent per annum.Her total interest for one
1. 1 answer
Larry has an annual return of $213.00 from $3000.00 invested at simple interest. One at 5% and the other at 8%. How much is
1. 1 answer
The Smiths invested $14,000, part at 3% simple interest and the rest at 4% simple interest for a period of one year. if the
1. 1 answer
find the difference in financial gains when $3200 is invested for eight years with an interest rate of 4.5% for both simple
1. 1 answer

more similar questions