Question

What is the simple interest on $2000 at a rate of 10% per annum for 3 years?​

Answer 1

Answer:

The simple interest on $2000 at a rate of 10% per annum for 3 years is,

$si = \frac{prt}{100} = \frac{2000 \times 10 \times 3}{100} \\ si = 20 \times 10 \times 3 = 600$

Answer 2

Answer:

this is the required answer