3 years ago

Compute the amount of interest earned in the following simple interest problem. A deposit of $4,500 at 5% for 3 years

2 answers:

5 0

I=prt,,i=4500*0.05*3=675

9966 [12]3 years ago

4 0

The answer is $675. You find 5 percent of 4500 and then multiply by 3.

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