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I need help plz I have a time test plz
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I need help plz I have a time test plz

I need help plz I have a time test plz-example-1
User Nagaraju Badaeni
by
4.1k points

1 Answer

4 votes

Answer:

interest = $600

Explanation:

for simple interest,

I = PTR/100

Principal (P) = $5000

Time (T) = 3 YEARS

Rate(R) = 4%

therefore, Interest (I) = $5000 × 3 × 4 / 100

= $ 600

User Mitul Sheth
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3.3k points
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