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Principal = $800
Interest Rate = 3.5%
Time = 6 months
Find the interest earned.

Principal 800 Interest Rate 35 Time 6 Months Find The Interest Earned class=

Sagot :

kingchester19

Answer:

Step-by-step explanation:

principal 800 multiply by 3.5 percent

2800 is the interest multiplied by 6 months

=16800/ 168.00

abiolataiwo2015

Based on the information given the interest earned is $14.

Using this formula

Interest=Principal ×Rate × Time

Where:

Principal=$800

Rate=3.5% or 0.035

Time=6/12

Let plug in the formula

Interest earned=$800×0.035×6/12

Interest earned=$14

Inconclusion the interest earned is $14.

Learn more about interest earned here:https://brainly.com/question/19852297

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