Register
What is the interest on $800 at 6% for 4 years? A. $192.00 B. $48.00 C. $182.00 D. $19.20
75.3k views
3 votes
What is the interest on $800 at 6% for 4 years?

A. $192.00
B. $48.00
C. $182.00
D. $19.20

User Jpkroehling
by
8.2k points

1 Answer

4 votes
Principle (P) = $ 800

Rate (R) = 6%

Time (T) = 4 years

Simple Interest =
(PRT)/(100) = (800*6*4)/(100) = (8*6*4)/(1) = $ 192

Hence, the interest is $192--- A.
User Stephan Rodemeier
by
6.9k points
← Prev Question Next Question →

Related questions

User Microspino
asked Jan 26, 2018 190k views
What is the interest on $800 at 6% for 4 years? A. $182.00 B. $19.20 C. $192.00 D. $48.00
Microspino asked Jan 26, 2018
by Microspino
8.7k points
2 answers
5 votes
190k views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Write words to match the expression. 24- ( 6+3)
Link Copied!