180k views
2 votes
If your principal amount is $720 and you earn simple interest at a rate of 6% over 5 years. How much interest did you earn?

User Ncopiy
by
8.6k points

1 Answer

4 votes

Answer:

$216

Explanation:

6% = 43.2 dollars yearly

User Dbenhur
by
7.6k points

No related questions found

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

9.4m questions

12.2m answers

Categories