Posted by **Becky** on Saturday, May 29, 2010 at 2:20pm.

Find the simple interest. Round your answer to the nearest cent.

Principal = $900

Rate = 4%

Time in years = 3

Is this correct: 900*0.04=36

36*3=108.00

Then my next question is when you round to the nearest unit is it the same as regular rounding. 335.42 rounded to the nearest unit would be 335 or 3350? Im confused?

## Answer This Question

## Related Questions

- Math - Find the simple interest. Round your answer to the nearest cent. ...
- Simple interest - Find the simple interest earned to the nearest cent for each ...
- Business Math - Compute the simple interest. Assume 1 month to be of a year. ...
- Simple interest - Find the interest. Round to the nearest cent in necessary. ...
- Math - With the stars (*) next 2 the #'s are my answers! ! ! 1) Find the percent...
- Math. - For question 1-4 for the interest. All rates are annual interest rates. ...
- Finite Math - A bank deposit paying simple interest at the rate of 8% per year ...
- math,algebra - Is this correct Business and finance. The simples interest I on a...
- math - Find the accumulated amount A if the principal P = $3,000 is invested at ...
- Math - If the principal P = $900, the interest I = $819, and time t = 7 years, ...

More Related Questions