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sasho [114]
3 years ago
5

A retired couple invested $6000 in bonds at a simple interest rate of 5.1%. At the end of one year, how much interest did they r

eceive on their investment? Please show your work.
Mathematics
1 answer:
vredina [299]3 years ago
5 0
If the interest rate is being paid yearly the:
\frac{5.1}{100}   \times 6000 \\   = 0.051 \times 6000 \\   = 306 \\ 306 + 6000 = 6306
they have received $306
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