gawes39518 gawes39518
  • 09-11-2020
  • Mathematics
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Find the simple interest on a $500.00 investment made for 3 years at an interest rate of 6% per year. ​

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obasi813
obasi813 obasi813
  • 09-11-2020

Answer:

SI=P ×R × T

Step-by-step explanation:

P=$500

R=6%

T=3 years

SI=500×3×6 ÷100

  =$90

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