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Mathematics

Answered

Chaleah deposited $900 in a new account that earns 6% simple interest. After 2 years, how much interest will she have earned?

Answer :

diptiu1016 diptiu1016

Today at 8:03 PM

Answer:

$108

Step-by-step explanation:

Use the equation i = prt (interest = principle*rate*time):

Principle: $900

Rate: 0.06 (6%)

Time: 2 years

Put it all in an equation:

i = 900*0.06*2

i = $108

Answer Link

figureskater200324 figureskater200324

Today at 8:04 PM

$108! Hope this helps!

Answer Link

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