The following information is known about a savings account. Time = 6 years Interest rate = 1.9% Principal = $850 What amount of simple interest will be earned? A. $16.15 B. $96.90 C. $946.90 D. $9,690.

asked May 24, 2021 214k views

1 vote

by M C

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4 votes

Answer:

I = PRT

T = 6

P = 850

I = 1.9% = 0.019

I = (850)(0.019)(6) = 96.90 <==

Explanation:

Pmerrell answered May 26, 2021

4.7k points

0 votes

i believe it MIGHT be B?

Numan answered May 29, 2021

by Numan

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