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Calculate the simple interest earned on an investment of $26,000 at 8% p.a. Over 3 years.

Calculate the simple interest earned on an investment of $26,000 at 8% p.a. Over 3 years.
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Calculate the simple interest earned on an investment of $26,000 at 8% p.a. Over 3 years.

Calculate the simple interest earned on an investment of $26,000 at 8% p.a. Over 3 years-example-1
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User Sitesh
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9.2k points

1 Answer

1 vote
I=prt
I=26,000×0.08×3
I=6,240
answered
User Codymanix
by
8.5k points
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