Ask Question
12 August, 20:14

Jordan invested $600 in a savings account. The interest rate is 3% per year. find the simple interest earned in 6 years. Then find the total of principal plus interest

+2
Answers (1)
  1. 12 August, 21:43
    0
    Equation: I=prt

    interest equals principal*rate*time

    Substitute the known numbers. I=600*.03*6

    Interest = 108

    interest + principal is 708
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Jordan invested $600 in a savings account. The interest rate is 3% per year. find the simple interest earned in 6 years. Then find the ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers