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.
Answer:
1b
2b
3a
Step-by-step explanation:
The answer to your question is 1/3
