How much simple interest would $1 ,400 earn in 12 months at an interest rate of 3.25%?

$45.50

Step-by-step explanation:

Interest = Principal x rate x time (in years)

I = 1400 x .0325 x 1

24x-300=60x+77

Step-by-step explanation:

We are required to eliminate the decimals from the expression:

.24x-3=.6x+.77

Since all the numbers have at maximum 2 decimals, we only have to multiply by 100:

100*(.24x-3)=100*(.6x+.77)

Operating:

100*.24x-100*3)=100*.6x+100*.77

24x-300=60x+77

The expression is now free of decimals.