Ask Question
19 June, 07:15

In the situation, simple interest is calculated yearly. How much interest was earned?

Principal: $12,000; Time: 3 years; Interest rate: 15%; Interest:?

A$1800

B$5400

C$12,000

D$17,400

E$36,000

+3
Answers (2)
  1. 19 June, 08:11
    0
    12,000*3*0.15 = 5,400 ...
  2. 19 June, 08:26
    0
    B is the answer, 5,400 is the interest
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “In the situation, simple interest is calculated yearly. How much interest was earned? Principal: $12,000; Time: 3 years; Interest rate: ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers