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scoray [572]
3 years ago
9

BRAINLIEST + POINTS Can someone explain why is B correct? Please show your work

Mathematics
1 answer:
Viefleur [7K]3 years ago
5 0

Answer:

B. $1680

Step-by-step explanation:

Note the simple interest formula:

Interest = (Principal)(rate)(time)

Principal = $6000

Rate = 7% = 0.07

Time = 4

Plug in the corresponding numbers for the corresponding variables.

I = (P)(R)(T)

I = (6000)(0.07)(4)

Multiply.

I = (24000)(0.07)

I = 1680

Interest is $1680.

~

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To solve, we will follow the steps below:

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Step-by-step explanation:

:)

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