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Calculate the interest earned and the total balance. $100, 6% simple interest, 1 year

Calculate the interest earned and the total balance. $100, 6% simple interest, 1 year
171k views
1 vote
Calculate the interest earned and the total balance.

$100, 6% simple interest, 1 year

User Mike Chaliy
by
7.5k points

1 Answer

4 votes

Answer:

Interest earn is £21 and total balance is £121

Explanation:

6%of 100 is 21

User Manurajhada
by
7.4k points
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