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Caculate the total amount from a simple interest account Principal $300 interest rate 7% Time 2

Caculate the total amount from a simple interest account Principal $300 interest rate 7% Time 2
161k views
5 votes
Caculate the total amount from a simple interest account

Principal $300
interest rate 7%
Time 2

User McMa
by
8.2k points

1 Answer

0 votes

Answer:

$42.00

Explanation:

Interest = principle x rate x time

Interest = 300 x .07 x 2

Interest = 42

User Glenneroo
by
8.0k points
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