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What is the simple interest paid to the nearest cent for each principal, interest rate, and time? $834, 3%, 15 months

What is the simple interest paid to the nearest cent for each principal, interest rate, and time? $834, 3%, 15 months
asked 121k views
2 votes
What is the simple interest paid to the nearest cent for each principal, interest rate, and time? $834, 3%, 15 months

asked
User Flavio Ferrara
by
8.4k points

1 Answer

5 votes
A=Pe^rt
P=principal(starting)
E= function on calculator
r= rate
T= time (how long)
answered
User Throvn
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8.1k points
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