math

Find the simple interest and the final value of the deposit that earns the given rate for the indicated length of time. Round your answers to the nearest cent.
$8439 earning 8% for 1.4 years
?

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  1. Use this formula and plug in the numbers.

    Interest = principal * rate * time

    Note: Use 0.08 for 8%

    Jacqueline, etc. -- please use the same name for your posts.

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    Ms. Sue
  2. 945.168 and round to nearest cent. is 950?

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  3. Your arithmetic is correct. Your rounding is wrong.

    945.168 is nine hundred, forty-five, and 168 thousandths.

    945.168 rounds to $945.17.

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    Ms. Sue

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