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zysi [14]
2 years ago
6

How much interest is earned on a principle of $864.27 invested at an interest rate of 8% for 3 years? Round to the nearest cent

Mathematics
1 answer:
amid [387]2 years ago
7 0

Answer:

the interest =20.74

whereas the total sum=8850(the sum is the nearest cent)

<h2><em><u>HOPE</u></em><em><u> </u></em><em><u>IT</u></em><em><u> </u></em><em><u>HELPS</u></em><em><u> </u></em><em><u>YO</u></em><em><u>U</u></em></h2>

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MMC (3,6)
3,6 | 3
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k -\frac{1}{3} = \frac{5}{6}
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cancel denominators (6)
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