2 years ago

Calculate the simple interest collected by the bank if $1,500 is loaned for 3 years at 8% per annum

Mathematics

2 answers:

Bad White [126]2 years ago

8 0

Answer:

$360

Step-by-step explanation:

I=PTR =1500X3X8 = 36,000= $360

100 100 100

il63 [147K]2 years ago

7 0

Answer:

$1500 divided by3=500

500+8=508

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