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Find the simple interest earned, to the nearest cent, for each principal, interest rate, and time. $850, 6%, 3 years
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Find the simple interest earned, to the nearest cent, for each principal, interest rate, and time.

$850, 6%, 3 years

User Rafael Cordones
by
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1 Answer

2 votes

Answer:

$153

Explanation:

$850 × 6 × 3 years ÷100

$850 × 6 × 3 years = $15300

$15300 ÷ 100 = $153

User Jonas Meyer
by
5.9k points
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