asked 161k views
5 votes
Caculate the total amount from a simple interest account

Principal $300
interest rate 7%
Time 2

asked
User McMa
by
8.2k points

1 Answer

0 votes

Answer:

$42.00

Explanation:

Interest = principle x rate x time

Interest = 300 x .07 x 2

Interest = 42

answered
User Glenneroo
by
8.0k points

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