colaspen21 colaspen21
  • 03-05-2021
  • Mathematics
contestada

Solve

FIND THE SIMPLE INTEREST WHEN PRINCIPAL= $300, rate = 8%
Time= 4 years





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Respuesta :

chainsawr5 chainsawr5
  • 03-05-2021
ANSWER: $9900

P( 1+rt)
300( 1+ (8X4)
Answer Link
ethanruin6 ethanruin6
  • 03-05-2021

Answer:

408.14

Step-by-step explanation:

The equation would be 300(1.08)^4, this is because when finding interest you use the formula principal(1+%)^time

Answer Link

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