Question

Find the amount of simple interest earned for depositing the given principle in an account.
P
=
$5400
r
=
5.5%
t
=
6 months

Answer 1

Answer:

1782

Step-by-step explanation:

SI= P×R×T/ 100

SI= 5400×5.5×6/ 100

SI=1782.00/100

=1782

If want to find ount then do the following SI+ principle

=1782+5400= $7182

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