67.3k views
2 votes
Use the simple interest formula to find the interest earned and the ending balance. I = Prt

1. $48,000 at 3% for 6 years

1 Answer

5 votes

Answer:

$8,640

Explanation:

I = Prt

I = (48000)(0.03)(6)

I = 8640

User Liviu Ilea
by
5.8k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.