Question

Simple interest ending balance $41,900 at 4% for 2 years?

Answer 1

Answer:

The simple interest is $3352.

Step-by-step explanation:

Using PRT/100, we can find the interest.

• => 41,900 x 4 x 2/100
• => 419 x 4 x 2
• => $3352

Conclusion:

Therefore, the simple interest is $3352.

Hoped this helped.

$BrainiacUser1357$