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13-04-2021
Mathematics

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if you invest $1,600 at 5.35% for 18 months how much simple interest is earned

Respuesta :

13-04-2021

Answer:

Step-by-step explanation:

Answer Link

sam956025799 sam956025799

13-04-2021

Answer:

1540.8

Step-by-step explanation:

i=prt

i= 1600(.0535)(18)

i=1540.8

also i is equal to interest, p is equal to principal, r is equal to rate and t is equal to time.

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