Welcome to Westonci.ca, where your questions are met with accurate answers from a community of experts and enthusiasts. Connect with a community of experts ready to help you find accurate solutions to your questions quickly and efficiently. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

Principle $1950 rate 4 1/2% time 9

Sagot :

Answer:

Interest = [tex] \boxed{\$ 789.75} [/tex]

Explanation:

Interest [I] = principle × rate × time [prt]

______________________________

x% = x/100

a b/c = a + (b/c) = (ac + b) / c

______________________

I = prt

I = ($1,950)(4 ½%)(9)

I = ($1,950)(0.045)(9)

I = ($87.75)(9)

I = ($789.75)

I = $789.75