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Simple interest of 668 5% 2 years
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3 votes
Simple interest of 668 5% 2 years

User Uerschel
by
6.2k points

1 Answer

4 votes

Answer:

$66.8

Explanation:

The formula for simple interest is |=prt.

P=Principal R=Rate T=Time

Now you plug the numbers in |=668*0.05*2

Multiply 668*0.05= 33.4

Then you multiply that by 2= 33.4*2=66.8

That is your answer.

User Dsounded
by
5.5k points
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