Mathematics, 30.01.2020 10:59 gesteban
How much simple interest is earned on $6000 principal, with an annual interest rate of 3.7% over 5 years?
simple interest: i = p • r • t
a. $7195.24
b. $1195.24
c. $1110.00
d. $7110.00
what is 5 years as a decimal?
Answers: 2
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How much simple interest is earned on $6000 principal, with an annual interest rate of 3.7% over 5 y...
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