Find the simple interest. The simple interest is $ . (Round to the nearest cent as needed.) Principal Rate Time in Months $6000 8%

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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**Find the Simple Interest**

**Principal:** $6000  
**Rate:** 8%  
**Time in Months:** 6  

**The simple interest is $ [_____]**  
*(Round to the nearest cent as needed.)*

Enter your answer in the answer box.

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Transcribed Image Text:--- **Find the Simple Interest** **Principal:** $6000 **Rate:** 8% **Time in Months:** 6 **The simple interest is $ [_____]** *(Round to the nearest cent as needed.)* Enter your answer in the answer box. ---
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