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How much simple interest is earned on $1000 at 3% interest for 3 months? Give your answer in dollars and cents. Simple Interest I = p • r • t

How much simple interest is earned on $1000 at 3% interest for 3 months? Give your answer in dollars and cents. Simple Interest I = p • r • t
asked 187k views
3 votes
How much simple interest is earned on $1000 at 3% interest for 3 months?

Give your answer in dollars and cents.

Simple Interest
I = p • r • t

asked
User Jan Zich
by
7.8k points

1 Answer

4 votes
Idk for sure if it's right but I got $90.00 as my answer..

$1000*3%*3=$90
answered
User Massimo Griffani
by
8.3k points
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