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Use simple interest to find the ending balance. $32,000 at 11% for 2 years formula I=PRT I=PRT A) $35,520.00 B) $7,040.00 C) 39,040.00 D) 39,427.2
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Use simple interest to find the ending balance.

$32,000 at 11% for 2 years

formula I=PRT
I=PRT

A) $35,520.00

B) $7,040.00

C) 39,040.00

D) 39,427.2

User Milliron X
by
3.3k points

1 Answer

5 votes

Answer:

B) p×r×t

32000×11/100×2

User Tomikiss
by
3.4k points
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