Learning
Diagnostic
Analytics
Math
FL Standards
Recommendations
Skill plans
You have prizes to reveal! Go
Seventh grade
M.12 Simple interest E7Y
Nicholas has $60,000 in a savings account that earns 1% interest per year. The interest is
not compounded. How much will he have in 4 years?
Use the formula i = prt, where i is the interest earned, p is the principal (starting amount), r
is the interest rate expressed as a decimal, and t is the time in years.
Submit