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Compute the amount of interest earned in the following simple interest problem. A deposit of $1,600 at 6% for 180 days = _____. $17.28 $47.34 $48.00 $17,280.00

Compute the amount of interest earned in the following simple interest problem. A deposit of $1,600 at 6% for 180 days = _____. $17.28 $47.34 $48.00 $17,280.00
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Compute the amount of interest earned in the following simple interest problem. A deposit of $1,600 at 6% for 180 days = _____. $17.28 $47.34 $48.00 $17,280.00

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User Udhay
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7.9k points

1 Answer

3 votes

Answer:

$48.00

Explanation:

answered
User Tomshafer
by
7.8k points
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