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Simple Interest

Simple Interest
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摘要 When am I ever going to use this?INVESTING Brooke plans to invest$1,000 in a certificate of deposit (CD).The graph shows CD rates for one year at various banks.1.Calculate 2.25%of$1,000 to find the amount of money that Brooke can earn in one year for a CD at State Credit Union.2.Find the amount of money that she can earn in one year at the other three banks.When you deposit money in a CD,the amount that you earn is called interest.Simple interest is the amount paid or earned for the use of money.To find simple interest I,use the following formula.
出处 《中学生数学》 2022年第24期F0003-F0003,共1页
关键词 MONEY earned FIND
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