Math, asked by Monde, 11 months ago

Calculate the simple interest $360 000.00 invested at 12% per annum for 3 years

Answers

Answered by Anonymous

5

Step-by-step explanation:

Simple Interest, I = P*N*R/100

P= Principal = $360000.00

N = Time = 3 years

R = rate of interest = 12%

I = 360000*3*12/100 = 3600*3*12 = $129600

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