Tuesday

July 22, 2014

July 22, 2014

Posted by **Nancy** on Monday, March 1, 2010 at 7:34pm.

- Math -
**Lily**, Tuesday, May 14, 2013 at 1:07amThe formula for Simple Interest is Interest= Principle x Rate x Time. You fill in the formula- ?= 7540 x 4.5% x 10. Then, you turn the rate into a fraction- 0.045. Fill in the formula again, 7540 x 0.045 x 10, you multiply. 7540 x 0.045 x 10 = 3393. The interest after ten years will be $3393.

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