jordyn7409 jordyn7409

04-06-2020
Mathematics

contestada

Principal = $5,400, rate = 18%, time = 2 years. What is the simple interest?

Respuesta :

btsarmy4298 btsarmy4298

04-06-2020

Answer:

$1,944.00

Step-by-step explanation:

Interest= Principal x Rate x Time (years)

Rate: 18%= 0.18

Interest= 5,400 x 0.18 x 2= $1,944

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