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Find the amount of Interest $750, 7%, 3 years

Find the amount of Interest $750, 7%, 3 years
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16 votes
Find the amount of Interest

$750, 7%, 3 years

User Sergey Sheleg
by
7.9k points

1 Answer

8 votes

Answer:

157.5

Explanation:

Use the method, P(Principle) × R(Rate of your interest) × T (Time in x amount of days, etc.

So it would be 750 x .07 x 3 = 157.5 ≈ 158 (If needed to round)

User Realshadow
by
7.5k points
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