CPM Homework Banner

Home > MC2 > Chapter 10 > Lesson 10.1.2 > Problem 10-17


Rachel has been given to put into a savings account. She earns simple interest every month. Rachel hopes to buy a car in two years. Help Rachel determine whether she will have enough money if the car will cost .

Find the amount of interest Rachel makes. Remember, her interest is added on each month. Consider how many months there are in 2 years.


In 2 years, Rachel will have gained dollars of interest.