jimbowhitlow jimbowhitlow

11-11-2017
Mathematics

contestada

Use the simple interest formula to find the ending balance.

$1500 at 7% for 1.5 years.

Enter your answer in the below
$

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TheArisen TheArisen

11-11-2017

I think the interest is $157.50. Hope this helps!

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Donutsaregreat Donutsaregreat

15-11-2017

I=Prt
I=1500 times 0.07 times 1.5
105 times 1.5
157.50
The simple interest is $157.50.

Hope this helps and I had the same test!

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