birridielvie birridielvie
  • 09-12-2020
  • Mathematics
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If the principal is $6,321 and the rate of interest is 4.5%, what is the amount of interest after five year?

If the principal is 6321 and the rate of interest is 45 what is the amount of interest after five year class=

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JasperSong
JasperSong JasperSong
  • 09-12-2020

Answer:

$6889.89

Step-by-step explanation:

6321/100=63.21

63.21x4.5=284.445

284.445x5=568.89

568.89+6321=$6889.89

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