Find the interest on $4000 at 3% for 4 months

asked Jul 8, 2023 35.7k views

7 votes

4.4k points

Please log in or register to add a comment.

5 votes

Answer:

the formula for finding interest is I=p×r×t÷100

so the answer will be l=4000×3×4÷100which is equal to480.Therefore the interest is $480

MrBoJangles answered Jul 13, 2023

4.5k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.5m questions

5.8m answers