Register
Find the amount of interest earned if $600 is invested at 4% per annum simple interest for 3 years.​
33.3k views
2 votes
Find the amount of interest earned if $600 is invested at 4% per annum simple interest for 3 years.​

User Roy Kachouh
by
8.3k points

1 Answer

2 votes

Answer:

$72

Explanation:

Simple Interest = PTR/100

=> 600 x 3 x 4/100

=> $72

Hope you understood!!

User Remmy
by
8.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
Link Copied!