anonymous
  • anonymous
How much simple interest is earned on $2500 at 2% interest for 9 months? Give your answer in dollars and cents. Simple Interest I = p • r • t
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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chestercat
  • chestercat
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anonymous
  • anonymous
@EclipsedStar @_alex_urena_ @KyanTheDoodle @pooja195
anonymous
  • anonymous
i would think you would just substitute what you have into the formula. what is P? and r? and t?
anonymous
  • anonymous
i have 0 clue how to plug in the number into the equation

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anonymous
  • anonymous
well P is the investment which is 2,500 and r is the interest rate which is .02 because you cant have a percent and the t is time in years but you have months so you divide 9/12 (the 12 is from how many months in years)
anonymous
  • anonymous
ohh...well that was simple lol can you stick around to check my final answer please?
anonymous
  • anonymous
sure Cx
anonymous
  • anonymous
i got 37.5
anonymous
  • anonymous
yeah same
anonymous
  • anonymous
thankks for the help:)
anonymous
  • anonymous
np Cx

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