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What is the simple interest earned on $300 over 6 years at 4% interest?

What is the simple interest earned on $300 over 6 years at 4% interest?
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1 vote
What is the simple interest earned on
$300 over 6 years at 4% interest?

User Dulini Atapattu
by
7.7k points

1 Answer

3 votes

Answer:

$72

Explanation:

I = Prt

I = ($300)(0.04)(6)

I = $72

User Antoineso
by
7.9k points
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