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Rina8888 [55]
3 years ago
13

$3000 at 4% p.a. for 2 years

Mathematics
2 answers:
irga5000 [103]3 years ago
4 0
The result of this question as i think is 240
choli [55]3 years ago
4 0
Hi there
The formula of the simple interest is
I=prt
I interest earned?
P principle 3000
R interest rate 0.04
T time 2 years
So
I=3,000×0.04×2
I=240

Hope it helps
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