gawes39518 gawes39518

09-11-2020
Mathematics

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Find the simple interest on a $500.00 investment made for 3 years at an interest rate of 6% per year.

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obasi813 obasi813

09-11-2020

Answer:

SI=P ×R × T

Step-by-step explanation:

P=$500

R=6%

T=3 years

SI=500×3×6 ÷100

=$90

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