asked 214k views
2 votes
How much interest would she earn if she were to invest $4,500 at 10% for one year ?

asked
User Nyah
by
8.0k points

2 Answers

6 votes
I=PRT
I=interest
P=principal
R=rate
T=time in years

given
P=4500
R=0.10
T=1

I=(4500)(0.10)(1)
I=450

she would earn $450 in interest
answered
User Jehad Nasser
by
7.7k points
1 vote
At 10% you'll earn 450 dollars of interest on a $4,500 investment.
answered
User Smallbirds
by
8.3k points

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