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    laura5049's Avatar
    laura5049 Posts: 2, Reputation: 1
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    #1

    Jun 18, 2011, 07:18 PM
    Amount of return
    How do you calculate the amount of return on an $8,000.00 investment for one year at 6%
    ma0641's Avatar
    ma0641 Posts: 15,675, Reputation: 1012
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    #2

    Jun 19, 2011, 08:45 AM
    Laura, you should be able to do this one! What is the principle amount? What is the interest rate? Multiply the two and you will get the 1 year return!
    laura5049's Avatar
    laura5049 Posts: 2, Reputation: 1
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    #3

    Jun 19, 2011, 05:45 PM
    Comment on ma0641's post
    My mind was obviously making this harder than it was - Thank you
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