Saturday

November 29, 2014

November 29, 2014

Posted by **chelsea** on Monday, January 28, 2013 at 7:51pm.

- math -
**Ms. Sue**, Monday, January 28, 2013 at 8:08pmInterest = principle * rate * time

I = 1,200 * 0.07 * 6

I = ?

Note that this is simple interest.

- math -
**Reiny**, Monday, January 28, 2013 at 8:36pmat compound interest it would be

1200(1.07)^6 = .....

**Answer this Question**

**Related Questions**

Math - A=P(1+r)^2 A= interest P= principle interest r= interest rate t= time in ...

Algebra - I invested $42,000 in three funds paying 5%, 7%, and 9% simple ...

math - sam invested $5000 in a GIC earning 8% compound interest per year, the ...

math - Alfred wants to invest $4,000 at 6% simple interest rate for 5 years. How...

maths - If an amount of Rs 10,000/- is invested at a simple interest of 12% per ...

Math - Larry has an annual return of $213.00 from $3000.00 invested at simple ...

math - Sam invested $5000 in a GIC earning 8% compound interest per year. The ...

math - you invested $4000 in two accounts paying 2% and 9% annual interest, ...

algebra - Abbi invested $1,200 in a certificate of deposit with a simple ...

Math - Joe invested $12,000, part at 6% interest and part at 8% interest. In the...