junior1711 junior1711
  • 14-12-2020
  • Mathematics
contestada

How much simple interest is earned on $4,000 at an interest rate of 2.25% in 4.5 years? Rounded to the nearest cent

Respuesta :

clarch19
clarch19 clarch19
  • 14-12-2020

Answer:

I = Prt

Step-by-step explanation:

I = 4000(.0225)(4.5)

I = $405

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