Wednesday

August 20, 2014

August 20, 2014

Posted by **Destiny** on Wednesday, November 28, 2012 at 6:40pm.

$970 at 4 1/2% simple interest for 2 years.

I don't know if I solved the problem correct please help:

I = p x r x t

= 970 x 0.42 x 2

= 814.8

I don't know what number to convert 1/4 to!

- 8th grade math -
**Ms. Sue**, Wednesday, November 28, 2012 at 6:55pmI = PRT

I = 970 * 0.045 * 2

I = ?

- 8th grade math -
**Destiny**, Wednesday, November 28, 2012 at 7:36pmThe answer is $82.45 right?

- 8th grade math -
**Ms. Sue**, Wednesday, November 28, 2012 at 7:47pmYou're close, but that's not the answer I got.

- 8th grade math -
**Delilah**, Wednesday, November 28, 2012 at 8:04pmhmmmm ok thanks!

- 8th grade math -
**Destiny**, Wednesday, November 28, 2012 at 8:05pmOh my gosh its getting sooooo annoying sorry Ms. Sue! I keep forgetting my sister's name is still on here (we share a computer)

**Related Questions**

math - i put 4000.00 in savings. at end of 3 years the account earned 960.00 in ...

Business Algebra - You invest $20,000 in two accounts. Account A earned 4.5% ...

Algebra - Show how you substitute the values into the formula, then use your ...

Algebra Grade 7 - If a bank offers a savings account that pays simple interest ...

Math - Chris deposited $1,500 in a bank account for 2 years. The account earned...

algebra - A total of $6200 is deposited into two simple interest accounts. On ...

Math for Ms. Sue Or Steve - Use an equation to solve the problem. 1. What is 57...

Algebra - Find the account of simple interest earned if you invest $9000 at 0.04...

Math - Nico was stunned when he opened the mail. Here was a check for $322.50! ...

math - Samantha opened a savings account and deposited some money into the ...