Jessica has an account with a credit union. her account earns 2.4% simple interest yearly. exactly a year and a half ago, she opened her account with $900. how much interest has she earned so far?

The basic equation for interest is the investment amount(x) times the time in years(y) times the percent of interest(z).

That makes the equation:

x·y·z= amount with interest.

Lets plug in the numbers:

$900 x 1.5 x 2.4%

Now turn the percent into a decimal:

2.4% > .024

Now the equation is:

$900 x 1.5 x .024

Now do the math:

$900 x 1.5 = 1350
1350 x .024 = 32.4
1350 + 32.4 = 1382.4

The final answer is $1382.40

Hope this helps!

All you have to do is multiply