3 years ago

EASY MATH QUESTION I will give brainiest to first correct answer!

Mathematics

1 answer:

GalinKa [24]3 years ago

5 0

Answer:

11.98

Step-by-step explanation:

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$\bf ~~~~~~ \textit{Simple Interest Earned}
\\\\
I = Prt\qquad 
\begin{cases}
I=\textit{interest earned}\to &\$1575\\
P=\textit{original amount deposited}\to& \$6000\\
r=rate\to r\%\to \frac{r}{100}\\
t=years\to &7
\end{cases}
\\\\\\
1575=(6000)(r)(7)\implies \cfrac{1575}{(6000)(7)}=r\implies 0.0375=r
\\\\\\
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Step-by-step explanation:

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