3 years ago

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:

Use the equation i = prt (interest = principle*rate*time):

Principle: $900

Rate: 0.06 (6%)

Time: 2 years

Put it all in an equation:

i = 900*0.06*2

i = $108

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