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I don't understand how to find the answer.

Find the simple interest to the nearest cent.
10. $770 at 16% for 6 months.
12.$285 at 8.5% for 2 1/2 years.
14.$175 at 5.45% for 30 months.

Find the total amount in each account to the nearest cent.
16.$460 at 4.5% for 2 years.
18.$240 at 6.35% for 28 months
20.$190 at 5.45% for 1 1/2 years

2007-02-22 14:45:48 · 4 answers · asked by Lime Green Queen 2 in Science & Mathematics Mathematics

Show work!

2007-02-22 14:46:05 · update #1

If you only know the answer to like one, it's ok please just show me how to work it!

2007-02-22 14:50:12 · update #2

4 answers

10. 770 x (.16/2)= 61.6 interest is annual so divide by 2
12. 285 x .085 x 2.5 = 60.56
14. 175 x .0545 x (30/12) = 23.84

16,18,20 same as above just add the original amount to your answer

2007-02-22 14:50:33 · answer #1 · answered by turner 3 · 0 1

MULTIPLY 770X.16
THEN THE RESULT OF THAT MULTIPLY IT FOR 6(MONTHS)
AND DO THE SAME WITH ALL OF THEM

2007-02-22 22:57:14 · answer #2 · answered by chikis*trikis 5 · 0 0

thats some preety big math things i cant help u there

2007-02-22 22:48:40 · answer #3 · answered by Me 3 · 0 0

i think... I THINK this is just the formula p=rb, part=rate x base

2007-02-22 22:49:28 · answer #4 · answered by Goat 4 · 0 0

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