Question

Mr. Ramos invests $600 at a simple interest rate of 6%. How much interest will he earn in one year? Please show work!!!!!

Answer 1

$36.

Explanation:

$600

6% = 6/100

1 year

600 x 6 / 100 x 1

600 x 6 = 3600

3600 / 100 = 36

36 x 1 = 36

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