hmzolnowski
hmzolnowski hmzolnowski
  • 30-08-2021
  • Mathematics
contestada

How much simple interest is earned on $6,000 at an interest rate of 4.52% in 4 1/2 years?

Respuesta :

masojeanthony379
masojeanthony379 masojeanthony379
  • 02-09-2021

Answer:

1220.4

Step-by-step explanation:

S.I.=P×R×T÷100

=6000×4.52×4  1/2÷100

=6000×4.52×9÷2×100

=60×4.52×9÷2

=30×4.52×9

=1220.4

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