Ask Question
18 August, 17:43

What is the simple intrest of $1,200 at 3.5% for 2 years.

+3
Answers (1)
  1. 18 August, 17:56
    0
    Interest = (Principle x Rate x Time in years) / 100

    = (1200 x 3.5 x 2) / 100

    = 84

    The simple interest would be $84.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What is the simple intrest of $1,200 at 3.5% for 2 years. ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers