Find the simple interest on a $2,219.00 principal, deposited for 6 years at a rate of 1.91%.

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Find the simple interest on a $2,219.00 principal, deposited for 6 years at a rate of 1.91%. Round to the nearest cent.

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Financial Algebra Advanced Algebra With Financial Applications

ISBN: 9781337271790

2nd Edition

Authors: Robert Gerver, Richard J. Sgroi

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Question Posted: Sep 12, 2022 03:20 AM

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Find the simple interest on a $2,219.00 principal, deposited for 6 years at a rate of 1.91%.

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Interest is given by iPrt Where i is the interestP2219 s the principalr19...View the full answer

Financial Algebra Advanced Algebra With Financial Applications

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