Answer:
SI = $810
Amount = $3,810
Explanation:
Given that ,
- P = $ 3,000
- R = 5.4%
- T = 5 yrs .
We can use the formula of SI to find the interest as ,
=> SI = P × R × T / 100
=> SI = $ 3000 × 5.4 × 5 / 100
=> SI = $ 30 × 5.4 × 5
=> SI = $ 810 .
- If you want to know total amount , then ,
=> Amount = SI + P
=> Amount = $ 810 + $ 3,000
=> Amount = $ 3,810
Hence the Amount is $3,810 and the SI is $810 .