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    Finding the simple interest and the balance of a account.

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    Find the simple interest and the balance of the account.

    $1000 at 3% for 6 months

    © BrainMass Inc. brainmass.com June 3, 2020, 4:46 pm ad1c9bdddf
    https://brainmass.com/business/business-math/finding-the-simple-interest-and-the-balance-of-a-account-3532

    Solution Preview

    The Simple interest is given by the formula

    SI = Principal * ...

    Solution Summary

    Simple interest and the balance of an account.

    $2.19

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