12. Raul invests $6500 at a simple interest rate of 4%. How much will he earn after six years? Pleaseeee helpppp

Prajna Hegde asked Mar 17, 2023

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12. Raul invests $6500 at a simple interest rate of 4%. How much will he earn

after six years?
Pleaseeee helpppp

Prajna Hegde asked Mar 17, 2023

3.0k points

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28 votes

Answer:

$1,560

Explanation:

Interest = Principal x Interest Rate x Time (in years)

I = 6500(.04)(6)

I = 1560

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