Sarah invested $150 at 8% simple interest. What is the total amount of money after 3 years?

asked Jun 2, 2021 228k views

5 votes

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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

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