Question

abbi invested 1000 in a certificate of deposit with a simple interest rate of 3% . find the interest earned in 6 years then find the total of principal plus interest

Answer 1

Answer: interest = 180

Amount 1000 + 180 = 1180

Explanation:

SI = prt / 100

(1000 x 3 x 6)/100

18000/100 = 180