vargass5244 vargass5244

21-09-2019
Mathematics

contestada

Find the simple interest.
Principal
Rate
Time
$3000
19%
15 years
The amount of simple interest earned is $

Respuesta :

rianna14 rianna14

21-09-2019

Answer:

$8550

Step-by-step explanation:

Principal = $3000

Rate = 19%

Time = 15 years

Simple Interest = Principal * Rate * Time ÷ 100

= $3000 * 19% * 15 ÷ 100 = $8550

Therefore the simple interest earned is $8550

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