Post a New Question

posted by Matt on Sunday, February 17, 2013 at 5:05pm.

How long will it take $800 to earn $18 at 6% simple interest?

I = PRT 18 = 800 * 0.06 * t 18 = 48t 18 = 0.375 0.375 * 12 = 4.5 months

More Related Questions