Westonci.ca is your go-to source for answers, with a community ready to provide accurate and timely information. Discover reliable solutions to your questions from a wide network of experts on our comprehensive Q&A platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

Find the simple Interest earned . Principal : $ 456 Interest Rate: 3% Time : 3 years

Sagot :

Answer:

41.04 $

Step-by-step explanation:

We Know,

Simple Interest= Principle× Rate of Interest× Time

or, 456× 3/100× 3

or, 456× 0.03× 3

or, 41.04

Therefore, Simple Interest is 41.04 $