Andrew borrows $79,500 for 5 months on 6.30% interest rate in his saving account. Calculate the simple interest?
2087.04
i did not understand enything that you said and i looked in the coments hopeing that they would help me but is did not
thanks for the help
I = PRT
I = 79,500 * 0.063 * 0.4167
I = ?
Ms. Sue, how did u get 0.4167? Is it supposed to be 5?
I got 0.342021?
Obviously that isn't right.
Did you multiply those three numbers together?