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

2 votes

Answer:

$72

Explanation:

Simple Interest = PTR/100

=> 600 x 3 x 4/100

=> $72

Hope you understood!!

User Remmy
by
5.2k points
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