3 years ago

Find the simple interest.

Mathematics

1 answer:

Eva8 [605]3 years ago

5 0

Answer:

$8550

Step-by-step explanation:

Principal = $3000

Rate = 19%

Time = 15 years

Simple Interest = Principal * Rate * Time ÷ 100

= $3000 * 19% * 15 ÷ 100 = $8550

Therefore the simple interest earned is $8550

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