Marapatino98 Marapatino98
  • 24-05-2017
  • Mathematics
contestada

Jennifer invested $3300 in a savings account with a yearly interest rate of 6% for 9 years. How much simple interest did she earn?

Respuesta :

jdoe0001 jdoe0001
  • 24-05-2017
[tex]\bf \qquad \textit{Simple Interest Earned}\\\\ I = Prt\qquad \begin{cases} I=\textit{interest earned}\\ P=\textit{original amount deposited}\to& \$3300\\ r=rate\to 6\%\to \frac{6}{100}\to &0.06\\ t=years\to &9 \end{cases} \\\\\\ I=3300\cdot 0.06\cdot 9[/tex]
Answer Link
KotaTAWharton KotaTAWharton
  • 12-12-2018

Answer:

1,782

Step-by-step explanation:


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