What is the interest if a sum of $5200 is invested for 36month at 15% per annum

I = 2,340

Step-by-step explanation:

The formula for interest is

I = P * R * T / 100

P = $5200

R = 15%

T = 36 months; T is meant to be in years so we will convert it from months to years

1 year = 12 months

So 36 months

= 36 / 12 = 3 years

I = (5200 * 15 * 3) / 100

I = 234,000 / 100

I = 2,340