Angelcool123 Angelcool123
  • 17-09-2016
  • Mathematics
contestada

calculate the interest would I earn on $500 at 6% simple interest if you made no withdrawals or deposits for three years

Respuesta :

AndrewZhang AndrewZhang
  • 17-09-2016
I = PRT
I = 500(0.06)(3)
I = 30(3)
I = $90
I = Interest  P = Principle  R = Rate Of Interest  T = Time (Years)
You will earn $90 in simple interest.
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