Question

$1,200 at 5.5% for 4 years.

Answer 1

Answer:

Find the simple interest if you

deposit $1,200 at an interest rate

of 5.5% for two year

1=pet

1= (1200) (0.055) (2)

1= 132

THANK YOU

Answer 2

Answer:

I= 264

Step-by-step explanation:

Here p=1200, R= 5.5 N=4

I= P×R×N/100

I=( 1200 ×5.5×4)/ 100

I= 264