Question

Find the simple interest on: $30,000 for 2years at 4%

Need full explanation otherwise answer will be reported ​

Answer 1

Answer:

2400 is the correct answer.

Step-by-step explanation:

SI = ( P * R * T ) / 100

By applying this formula ,

( 30000 * 2 * 4 ) / 100 = 2400

HOPE YOU UNDERSTAND AND THIS MAY HELP YOU