Find the simple interest earned, to the nearest cent, for each principal, interest rate, and time. $850, 6%, 3 years

Stas Sorokin asked Oct 15, 2023

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2 votes

Find the simple interest earned, to the nearest cent, for each principal, interest rate, and time.

$850, 6%, 3 years

Stas Sorokin asked Oct 15, 2023

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8 votes

Answer:

$153

Explanation:

$850 × 6 × 3 years ÷100

$850 × 6 × 3 years = $15300

$15300 ÷ 100 = $153

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