Question

Simple interest of 668 5% 2 years

Answer 1

$66.8

Explanation:

The formula for simple interest is |=prt.

P=Principal R=Rate T=Time

Now you plug the numbers in |=668*0.05*2

Multiply 668*0.05= 33.4

Then you multiply that by 2= 33.4*2=66.8

That is your answer.