Register
Sarah invested $150 at 8% simple interest. What is the total amount of money after 3 years?
228k views
5 votes
Sarah invested $150 at 8% simple interest. What is the total amount of money after 3 years?

User Eyeball
by
5.0k points

1 Answer

5 votes

Answer:

Explanation:

P=$150, R=8%/annum,T=3years

I=PRT/100

I=(150X8X3)/100

I=$36

TOTAL AMOUNT=P+I=$150+$36=$186

User Mallikarjuna Reddy
by
4.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.3m questions

6.9m answers

Other Questions

What number is halfway between 0 and 18
If the 9-inch wheel of cheese costs $18.60, what is the cost per square inch? If the cost is less than a dollar, put a zero to the left of the decimal point?
how long Will it take for $7000 investment to grow to $7553 and the annual rate of 3.4% compounded quarterly assume that no withdrawals are made
I need to simplify this expression.
Need answer to math problem!!!​
Link Copied!