Inactive Tutor answered • 06/22/20
Tutor
New to Wyzant
The simple interest formula is I = Prt.
You are given $8200 as p, and 6% as r, and 1 as t.
Change 6% to a decimal.
I = (8200)(.06)(1)
I = $492.00
Matias D.
asked • 06/22/20calculate the simple interest earned round to nearest cent
p=$8200, r= 6%, t =year
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