Find the amount of interest earned if $600 is invested at 4% per annum simple interest for 3 years.

asked Feb 21, 2022 33.3k views

2 votes

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2 votes

Answer:

$72

Explanation:

Simple Interest = PTR/100

=> 600 x 3 x 4/100

=> $72

Hope you understood!!

Remmy answered Feb 28, 2022

by Remmy

3.4k points

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