caliyoung0056 caliyoung0056
  • 02-06-2020
  • Mathematics
contestada

Abbi invested $1,000 in a certificate of deposit with a simple interest rate of 3%. Find the interest earned in 6 years. Then find the total of principal plus interest.

Respuesta :

gilbertazavedo72
gilbertazavedo72 gilbertazavedo72
  • 10-06-2020

Answer:

SI = prt / 100

SI = (1000 x 3 x 6)/100

SI = 180

Amount = 1000 + 180 = 1180

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