223k views
1 vote
What is the simple interest earned on $3672 at 4.5% for three years?

2 Answers

7 votes

Answer:

S.I=P×T×R

100

Explanation:

3672×4.5×3

100

=$495.72

User NaveenDAlmeida
by
4.4k points
6 votes

Answer:

$495.72

Explanation:

Interest = principal x rate x time (in years)

I = 3672 x .045 x 3

User Roger Gustavsson
by
4.6k points