ncampbell839 ncampbell839

29-05-2018
Mathematics

contestada

$500 invest at 4% simple interest for 3 years

Respuesta :

29-05-2018

Simple interest formula:
I=Prt where I = interest p=principle and r and A=P(1+rt) where A = the amount accumulated over t years.
plug in your values
principle= 500
r=.04
t=3
A=300(.04)(3)
A=$545

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kaizeooi kaizeooi

29-05-2018

500x4%x3=60 the answer is $60

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