$1500 is invested for 6 years at 3.5% per year. What is the interest earned?
Answers
Answered by
1
Answer:
$315
Step-by-step explanation:
rincipal (P) = $1500
Time(T) = 6 years
Rate of interest (R) = 3.5 %
Simple interest = PTR/100
= 1500 * 6 * 3.5/100
= 15 * 6 * 3.5
=$ 315
Answered by
1
Answer:
Above is your answer answer....
Attachments:
Similar questions