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September 3, 2014

September 3, 2014

Posted by **Missy** on Wednesday, October 1, 2008 at 10:59pm.

I have no idea what the answer is. Please explain.

- 7th Grade Math -
**Reiny**, Wednesday, October 1, 2008 at 11:33pmYou are probably working with "simple interest"

Interest = Principal x rate x time

= 945*.045*3/12

= 10.63

So he will have $945 + $10.63

= $955.63

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