Gilbert bought calculators for the math department. He paid $1,300 for the calculators and agreed to pay for them in 6 months at 3.5% simple interest. Find the amount of interest that he will owe.

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.54TI: In five years, Gloria’s bank account earned $2,400 interest at 5% simple interest. How much had she...
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Gilbert bought calculators for the math department. He paid $1,300 for the calculators and agreed to pay for them in 6 months at 3.5% simple interest. Find the amount of interest that he will owe.

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