Business Studies, asked by cordellm, 4 months ago

$624 at 5% for 3 years

Answers

Answered by pallavinighot28
1

Answer:

simple interest = p x r x n

100

= 624 x 5 x 3

100

= 9360

100

= 93.60

Answered by horsegirl228
0

Answer:

The answer to this question is $93.60.

Explanation:

To solve this, you need to change 5% to a decimal and multiply them together, changing the equation to 624x0.05x3. This equals 93.60. That is how to solve this problem.

I hope this helps! Please mark me brainliest if you can:)

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