jskenzdjd jskenzdjd

03-04-2016
Mathematics

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$1348 deposited at an interest rate of 2.5% for 18 months

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wat2132 wat2132

03-04-2016

606.6$ in total Interest= PrinciplexRatexTime

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penfila11Pen penfila11Pen

03-04-2016

I=PRT price/principle amount×rate×time in years
=1348×0.025×1.5 (18 months=1.5 years)
=$50.55
original + intyerest
1348+50.55
$1398.55

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