Welcome to Westonci.ca, the place where your questions find answers from a community of knowledgeable experts. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

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 $