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The simple interest on $600 saved for 3 years at an interest rate of 6 percent. Find the interest

The simple interest on $600 saved for 3 years at an interest rate of 6 percent. Find the interest
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The simple interest on $600 saved for 3 years at an interest rate of 6 percent. Find the interest

User Ryan Augustine
by
8.6k points

1 Answer

6 votes

Answer:

interest = $108

Explanation:

interest = p * r * t

interest = 600*0.06*3

interest = $108

User Grissom
by
9.2k points
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