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$1900 at 9 for 2 years
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7 votes
$1900 at 9 for 2 years

User Fabian Nack
by
3.2k points

1 Answer

14 votes

Answer:

$342

Explanation:

Complete question

Find the simple interest on $1900 at 9% for 2 years.

Simple interest PRT/100

Given

Principal P = 1900

Rate R = 9%

Time T = 2years

Substitute

Simple interest = 1900*9*2/100

Simple interest = 19*18

Simple interest = $342

Hence the simple interest on $1900 at 9% for 2 years is $342

User Nak
by
3.7k points
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