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$1,900 at 5.9% for 3 years
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$1,900 at 5.9% for 3 years

User Peter Kozlovsky
by
7.0k points

1 Answer

3 votes

Answer:

$336.30

Explanation:

Use the formula; Interest = Principal(rate)(time)

I = Prt

P: 1900

rate: 5.9% convert to a decimal 5.9/100 = .059

time: 3

I = 1900(0.059)(3)

I = $336.30

User Andrew Gorcester
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