Answer:
$900
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 3%/100 = 0.03 per year,
then, solving our equation
I = 5000 × 0.03 × 6 = 900
I = $ 900.00
The simple interest accumulated
on a principal of $ 5,000.00
at a rate of 3% per year
for 6 years is $ 900.00.
One Solution
Trust me
3,000
6:5
1.2( divided 6 by 5):1 (Divide 5 by 5)
3600 divided by 1.2
a = -2
-3a + 8 = 14
14 - 8
= 6
-3a = 6
6/-3
= -2
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