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Peyton earned simple interest on $12,550 with an annual interest rate of 2.7% for 5 years. How much did she earn in interest? Round your answer to the nearest cent. simple inter…

Peyton earned simple interest on $12,550 with an annual interest rate of 2.7% for 5 years. How much did she earn in interest? Round your answer to the nearest cent. simple inter…
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Peyton earned simple interest on $12,550 with an annual interest rate of 2.7% for 5 years. How much did she earn in interest? Round your answer to the nearest cent. simple interest: I = P • r • t $

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User B Williams
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8.7k points

1 Answer

5 votes
The correct answer is $1,694.25
answered
User Romanoza
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8.5k points
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