Answered

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Principal: $35000
Rate: 2%
Time: 6 Years
What is the simple interest made?

Sagot :

Naseeem88

Answer:

$4200

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 2%/100 = 0.02 per year,

then, solving our equation

I = 35000 × 0.02 × 6 = 4200

I = $ 4,200.00

The simple interest accumulated

on a principal of $ 35,000.00

at a rate of 2% per year

for 6 years is $ 4,200.00.

Answer:

I’m thinking $4200

Step-by-step explanation:

Because 35k at 2% for 6 years will get you that

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