Answer:it is $12,240
Explanation:
given: principal=$2000
time=3 years
interest=$204
he genearal formular of RATE = I*P*T/100
from the formular= P*R*T( RATE WITH 100, because the rate is calculated over 100)
=$204*3*$2000/100
=$12,240
1.6m questions
2.0m answers