138k views
1 vote
$1500 at 4% for 5 years
Find the interest earned

1 Answer

4 votes

Answer:

I=$300

Explanation:

P=1500

r=4%=0.04

t=5 years

I=p*r*t

I=1500*0.04*5

I=300

User Peyton
by
8.1k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories