Question

Hallar el interés producido por un capital de /240a una tasa de interés del 30% anual prestados durante un tiempo de 2 años

Answer 1

The interest for the two years is 144.

Explanation:

Hallar the interest produced by a capital of /240 to an annual interest rate of 30% provided for a period of 2 years

Principal, P = 240

Interest, R = 30 %

Time, t = 2 years

The simple interest is given by

`I = (P* R* T)/(100)\\\\I = (240* 30* 2)/(100)\\\\I = 144`