OpenStax, Prealgebra 2e §6.4 Solve Simple Interest Applications · Exercise 9 · Algebra · Algebra word problems

Solve Simple Interest Applications · Exercise 9

Solve the problem using the simple interest formula.

Find the simple interest earned after $2$ years on $\$ \text{8},\text{950} $a t anin t er es t r a t eo f$ \text{3}.\text{24}\%.$

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OpenStax, Prealgebra 2e · §6.4 Solve Simple Interest Applications · Exercise 9

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