Answer:
The amount after 1 year is $ 1060 .
Step-by-step explanation:
The amount after 1 year on $1,000 invested at 6% per year on simple interest
is given by,
$
= $ (1000 + 60)
= $ 1060
We know that, if,
Principal = P unit
Rate of annual simple interest = R%
Time = T year
then, amount, A = unit
Answer:
I don't think I know it sorry
Step-by-step explanation:
Step 1. Find a number you can multiply the bottom of the fraction by to get 100.
Step 2. Multiply both top and bottom of the fraction by that number
Step 3. Then write down just the top number with the "%" sign
HOPE IT HELPS YOU