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?

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