khiarag khiarag

24-03-2020
History

contestada

Find the simple interest on
$5,000 at 4% interest for 3
years.

Respuesta :

Аноним Аноним

24-03-2020

4% of 5000 is 200. 200 per year for 3 years would be $600. Hope this helps! :)

Answer Link

garybgajiton garybgajiton

04-06-2020

Answer:

Interest = $600

Explanation:

I = p r t

I = (5,000)(.04)(3) {multiply}

I = 600

Simple interest = $600

Answer Link

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