220k views
12 votes
$200 at 3% for 5years

User Haritha
by
8.2k points

2 Answers

13 votes

Answer:

I= $30

Explanation:

First, converting R percent to r a decimal

r = R/100 = 3%/100 = 0.03 per year,

then, solving our equation

I = 200 × 0.03 × 5 = 30

I = $ 30.00

USE THE EQUATION Intrest= Principal x rate x time

User Kevy
by
8.0k points
12 votes

Answer:

12 maybe

Explanation:

take 200 multply .3 and divide it be 5

User Danira
by
8.4k points
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