Wednesday
July 23, 2014

Homework Help: 8th grade math

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

Find the interest earned on each account.

$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!

Answer this Question

First Name:
School Subject:
Answer:

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 ...

Search
Members