OpenStax, Prealgebra 2e §6.4 Solve Simple Interest Applications · Exercise 35 · Algebra · Algebra word problems

Solve Simple Interest Applications · Exercise 35

Solve the problem using the simple interest formula.

Caitlin invested $\$ \text{8},\text{200} $inan$ \text{18}-\text{month} $cer t i f i c a t eo f d e p os i tp a y in g$ \text{2}.\text{7}\%$ interest. How much interest did she earn form this investment?

~5 minWritten answer · check your work with Lemma

OpenStax, Prealgebra 2e · §6.4 Solve Simple Interest Applications · Exercise 35

Stuck? A gentle nudge

No hints for this one.

Something off?

Workspace

Your working

Check your full solution

Attach photos of your pages (up to 3) or one PDF — or check what you typed above. Lemma reads the work and verifies the reasoning, not just the answer.

Your first check today doesn't need an account.

Your photos and PDFs are read once and not stored — only the transcription is kept.