How much interest will Vince earn in his investment of 17,500 php at 9.69% simple interest for 3 years? A 5,087.25 php B 50.87 php 508.73 php D 50,872.50 php

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.2: Solve Percent Applications
Problem 3.39TI: Areli invested a principal of $950 in her bank account with interest rate 3%. How much interest did...
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How much interest will Vince earn in his investment of 17,500 php at 9.69%
simple interest for 3 years?
A
5,087.25 php
B
50.87 php
508.73 php
D
50,872.50 php
Transcribed Image Text:How much interest will Vince earn in his investment of 17,500 php at 9.69% simple interest for 3 years? A 5,087.25 php B 50.87 php 508.73 php D 50,872.50 php
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