Ask Question
11 July, 19:10

How much simple interest would Kaitlyn earn on $300 at 6% for six months?

+2
Answers (1)
  1. 11 July, 21:59
    0
    I = let

    I = 300*.06*.5

    I = $9.00

    Since time in the formula is years and the money was not in for a complete year you have to use the part of the year (6months) that it was earning interest 1/2 year or. 5
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “How much simple interest would Kaitlyn earn on $300 at 6% for six months? ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers