anonymous
  • anonymous
calculate the simple interest and maturity value when principle amount is 400.00, interest rate is 4% for 14 months. round to nearest cents
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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katieb
  • katieb
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anonymous
  • anonymous
the interest rate is per month or per year?
anonymous
  • anonymous
I = Prt I = (400)(4/100)(14) I = 224 per month
anonymous
  • anonymous
if the interest is per month. I already post the answer. =)

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