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2 years ago

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

Mathematics

1 answer:

VARVARA [1.3K]2 years ago

3 0

<h3><u>Answer:</u></h3>

The simple interest is $3352.

<h3><u>Step-by-step explanation:</u></h3>

Using PRT/100, we can find the interest.

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

<h3><u>Conclusion:</u></h3>

Therefore, the simple interest is $3352.

Hoped this helped.

$BrainiacUser1357$

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