Question

coach cliff man made a deposit of $1,800 into an account that earns 2% annual simple interest. find the amount of the interest that coach cliff man earned after 3 years

Answer 1

Answer:

5508$

Step-by-step explanation:

So to find interest your formula is this:

Int=interest rate (percent)*principal

So your problem would be: int=.02*1800

This equals 36. Since its interest, you add your interest (36) and your principal (1800) and get 1836. Now, since you need to find the interest for 3 years, you multiply 1836 by 3. You get 5508! You welcome :)

Answer 2

Answer:

$5508

Step-by-step explanation: