$300 at 6% for 3 years

1 answer:

7 0

Its I=prt
so plug it in
I=300(.06)3 i got .06 because you have 6% you have to move the decimal the left twice 0.06 is what you get
now its basic multiplying
300 times .06 times 3
so it would be 54
I=$54
the balence you get from adding the P to the I so the balence would be 356
Bal=$356

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