Using the formula for simple interest and the given values, find i. p= $300; r = 8%; t= 6 years; i = ? 1=$0 truecar enter your answer in the answer box. prerequisite skills test for finite mathematics noncer of the heart bypass. learn more customize getting ready for finite mathematics test a

$144

Step-by-step explanation:

The formula to calculate the simple interest is given by :-

Here, P - Principal amount, r - rate of interest and t is time (Generally in years).

Given :  P= $300; r = 8%=0.08 ; t= 6 years

Now, the using the above simple interest formula , we have

Therefore , the simple interest = $ 144.

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step-by-step explanation: