contestada

Determine the simple interest when: principal: $84,910 interest rate: 5.5%, time: 5 year


Help me fast with this homework pls

Respuesta :

ADVENTUROUSBOY

$23,350.25

Step-by-step explanation:

principle (p) = $84,910

rate (r) = 5.5%

time (t) = 5 years

simple interest = (p × r × t) ÷ 100

= (84910 × 5.5 × 5) ÷ 100

= 2,335,025 ÷ 100

= 23,350.25

MARK ME AS BRAINLIST

PLZ FOLLOW ME

Otras preguntas