Mr. Ramos invests $600 at a simple interest rate of 6%. How much interest will he earn in one year? Please show work!!!!!
1 answer:
Answer:
$36.
Step-by-step explanation:
$600
6% = 6/100
1 year
600 x 6 / 100 x 1
600 x 6 = 3600
3600 / 100 = 36
36 x 1 = 36
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The answer to this question is -3
$35 times 20 months would cost you $700.
You just move 2 decimal place to the left and the answer is 335.75
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