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Delicious77 [7]
3 years ago
5

Find the simple interest you are investing $200 with a 5.2% interest rate of 3 years

Mathematics
2 answers:
kipiarov [429]3 years ago
5 0

Answer:

Step-by-step explanation:

Simple interest is

I=Prt, where I= interest, P=principle (initial value), r=interest rate, t=time

I=200(0.052)3

I=$31.20

Anna35 [415]3 years ago
3 0

Answer:

3,120

Step-by-step explanation:

Simple Interest= PRT / 100

= 200*5.2*3

= 1,040*3

= 3,120

Hope it is useful

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