Richard deposiyted 5,500 for 6 years on 2.40% interest rate in his saving account. How much simple interest will he earn

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asked Apr 23, 2018 111k views

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Sparecycle · Answer 1 · 2018-04-28T15:24:44+0000

Simple Interest

P=5500
R=2.40
T=6

S.I=P.R.T/100
S.I=5500*6*2.40/100
S.I=79200/100
Answer S.I=792

So the answer 792$ will he earn

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Richard deposiyted 5,500 for 6 years on 2.40% interest rate in his saving account. How much simple interest will he earn

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