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How much simple interest does $2,560 earn in 17 months at a rate of 11 %. Round to the nearest cent (hundredth). What will be the new balance?

How much simple interest does $2,560 earn in 17 months at a rate of 11 %. Round to the nearest cent (hundredth). What will be the new balance?
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5 votes
How much simple interest does $2,560 earn in 17 months at a rate of 11

%. Round to the nearest cent (hundredth). What will be the new
balance?

asked
User Master Styles
by
7.7k points

1 Answer

2 votes

Answer:

You end up with $15,091.44 This means you earned $12,531.44

Explanation:

answered
User Ophelie
by
8.0k points
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