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Firdavs [7]
3 years ago
13

Chaleah deposited $900 in a new account that earns 6% simple interest. After 2 years, how much interest will she have earned?

Mathematics
2 answers:
Mrac [35]3 years ago
4 0
$108! Hope this helps!
nikklg [1K]3 years ago
3 0

Answer:

$108

Step-by-step explanation:

<u>Use the equation i = prt </u><u>(interest = principle*rate*time)</u><u>:</u>

Principle: $900

Rate: 0.06 (6%)

Time: 2 years

<u>Put it all in an equation:</u>

i = 900*0.06*2

i = $108

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