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Write an equation to find the amount of interest $450,000 earns in 1 year at a simple interest rate of 3.5%. Please help.

Write an equation to find the amount of interest $450,000 earns in 1 year at a simple interest rate of 3.5%. Please help.
asked 37.5k views
16 votes
Write an equation to find the amount of interest $450,000 earns in 1 year at a simple interest rate of 3.5%.

Please help.

asked
User Mohammad C
by
8.5k points

1 Answer

9 votes

Answer:

450000x.035

$15,750

..........

answered
User David Hutchison
by
7.7k points
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