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Compute the amount of interest earned in the following simple interest problem. A deposit of $1,600 at 6% for 180 days =

Compute the amount of interest earned in the following simple interest problem. A deposit of $1,600 at 6% for 180 days =
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Compute the amount of interest earned in the following simple interest problem. A deposit of $1,600 at 6% for 180 days =

User Juan Herrera
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2 Answers

5 votes
I=1600*0.06*180/360
I==48
User Roytman Piccoli
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4 votes
6% of $1,600 is = 96 if you multiple it with 180 : 96 × 180 = 17,280
User Erin Dees
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