5855 x 2 = 11,710
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Answer:
I = Prt
Substitute the given information. Remember to write the percent in decimal form. I = (500)(0.06)(3)
Simplify. I = 90
Check your answer. Is $90 a reasonable interest earned on $500 in 3 years? In 3 years the money earned 18%. If we rounded to 20%, the interest would have been 500(0.20) or $100. Yes, $90 is reasonable.
The simple interest is $90.
Step-by-step explanation:
Hope this <u><em>Helped!</em></u> :D
10 2/3. if you need it in fraction form it's 32/3, and if you need it in decimal form it's 10.6.
