Register

Find the simple interest paid on a deposit of $225 at a rate of 1.5% over 2 years.

Find the simple interest paid on a deposit of $225 at a rate of 1.5% over 2 years.
asked 18.2k views
15 votes
Find the simple interest paid on a deposit of $225 at a rate of 1.5% over 2 years.

asked
User Mazyod
by
7.7k points

1 Answer

7 votes

Answer:

$6.75

Explanation:

Interest =
(1.5)/(100) × 2 × $225

= $6.75

answered
User Nemanja G
by
8.3k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!