jchinchar jchinchar

30-10-2019
Mathematics

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Find the simple interest $3600 at 2.75% for 6 years

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ayoolamargaret6338 ayoolamargaret6338

01-11-2019

Answer: $594

Step-by-step explanation: the formula is PxRxT/100

P stands for Principal= $3600. R stands for Rate= 2.75%. T stands for Time= 6 years. We substitute the value in the formular. We have 3600x2.75x6/100=594

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