Posted by **Caleb** on Wednesday, February 9, 2011 at 8:56pm.

I need help figuring out simple interest and the balance of an account. Example P = $525, r = 6%, t + 9 years

- Pre Algebra -
**helper**, Wednesday, February 9, 2011 at 9:22pm
The formula for simple interest is,

I = PRT (Interest = Principle * Rate * Time)

Balance of account ?

t + 9 years?

- Pre Algebra -
**tia**, Thursday, March 3, 2011 at 7:12am
two sums of money totaling 15000 earn 5% and 7% annual interest. if the total interest from both investments amounts to $870, how much is invested at each rate?

## Answer This Question

## Related Questions

- Pre Algebra - I need help figuring out simple interest and the balance of an ...
- Algebra - Maybe that was to confusing...we have a data sheet to fill out - 2 ...
- Pre-Algebra help PLZ!! - Hassan deposited $7,500 into a bank account. At the end...
- math - how much money would have to be invested in an account at 3.98% annual ...
- 6 grade algebra - cindy earns 6% simple interest each year on her savings ...
- Algebra - Show how you substitute the values into the formula, then use your ...
- Math - I need to see how this is answered. 1. Lauren deposited $200 into her ...
- Algebra - I posted this question earlier incorrectly: I could still use some ...
- Lat math question for some days. Can y'all help? - Huan deposited $850 into a ...
- Algebra - Find the account of simple interest earned if you invest $9000 at 0.04...

More Related Questions