Solution
Determine the simple interest owed on 980for 3 years at a rate of 19.5%.
Solution
Solution steps
Translate the problem into an equation:
Simplify
Popular Examples
Ernesto inherited some money from his grandfather and put it in a bank account that earns 1% interest compounded quarterly. After 7 years, Ernesto had 700.00 in the bank account. How much interest did he earn?170 is 36% of what number?700% of what number is 4410Find the final amount of money in an account if 2900 is deposited at 8% interest compounded annually and the money is left for 6 yearsseven more than a number is less than fourteen