Felicitybuckman
Felicitybuckman Felicitybuckman
  • 02-03-2019
  • Mathematics
contestada

plz help!!!!!i want to check my answer

plz helpi want to check my answer class=

Respuesta :

jimrgrant1 jimrgrant1
  • 02-03-2019

Answer:

$360

Step-by-step explanation:

To calculate simple interest (I) use the formula

I = [tex]\frac{PRT}{100}[/tex]

Where P is the principal (deposit), R is the rate of interest and T is time in years.

here P = 3000, R = 4 and T = 3, hence

I = [tex]\frac{3000(4)(3)}{100}[/tex] = [tex]\frac{36000}{100}[/tex] = $360

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