Simpllei interest to the nearest cent.
$770 at .16 for 6 months

$831.60

Step-by-step explanation:

Assuming that 0.16 is a percent:

Recall that the simple interest formula is a=p(1+rt).

a= final amount (Unknown)

p=starting amount ($770)

r= interest rate (0.16%)

t=time in years (6 months = 0.5 years)

Plug numbers into formula:

a=770(1+0.5*0.16)

Solve parentheses according to PEMDAS:

a=770(1.08)

Multiply:

a=831.6

$831.60

step-by-step explanation:

you can add the two numbers and divide the result by 2. or you can find the gap between the two numbers and add half of this to the smaller number.