Basic College Mathematics (10th Edition)

Published by Pearson
ISBN 10:
ISBN 13:

Chapter 6 - Percent - 6.7 Simple Interest - 6.7 Exercises - Page 445: 10

Answer

$387.75

Work Step by Step

Turn the rate into a decimal. Fill in the interest equation. $Interest=principal \times rate \times time$ $I=(4700)(0.055)(1.5)$ $I=387.75$
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.