+0  
 
0
64
1
avatar+12 

Calculate the simple interest.

​$500 at 6.2​% for 4 years

kittykawaii14  Oct 12, 2017
edited by kittykawaii14  Oct 12, 2017
Sort: 

1+0 Answers

 #1
avatar+79881 
+1

 

Interest  =  Principal * Rate * Time

 

Interest  = 500 *   .062 * 4  =  $124

 

 

cool cool cool

CPhill  Oct 12, 2017

7 Online Users

We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.  See details