I invest $500.00 at 6% simple interest. How much money will I have after 90 days.?

How much interest on my $500.00 dollars will I have after 90 days of having the money in the bank with a 6% simple interest rate.

I invest $500.00 at 6% simple interest. How much money will I have after 90 days.?credit score

approximately $7.40 depending on how the calindar is set up.

I invest $500.00 at 6% simple interest. How much money will I have after 90 days.? loan

I wouldn%26#039;t invest money until I learn how to do math otherwise someone might rip you off.

Simple Intrest if found by I=Prt where t is the period in year r is the intrest rate and P is the pricipal dollars.

So I=500x.06x90/360= $7.50|||500 x 0.06 / 365 x 90 = $7.397260274|||Tell ya what, why dont you do your own homework. No wonder the kids are friggen morons these days.|||There is not enough info. It depends on how often it is compounded. Monthly? The period is 90 days so you want it compouned only once?