Posted by chelsea on Monday, January 28, 2013 at 7:51pm.
a person invested 1,200.00 at 7% interest for 6 years. how much interest did he receive?

math  Ms. Sue, Monday, January 28, 2013 at 8:08pm
Interest = principle * rate * time
I = 1,200 * 0.07 * 6
I = ?
Note that this is simple interest.

math  Reiny, Monday, January 28, 2013 at 8:36pm
at compound interest it would be
1200(1.07)^6 = .....
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