Respuesta :
4% of 5000 is 200. 200 per year for 3 years would be $600. Hope this helps! :)
Answer:
Interest = $600
Explanation:
I = p r t
I = (5,000)(.04)(3) {multiply}
I = 600
Simple interest = $600
4% of 5000 is 200. 200 per year for 3 years would be $600. Hope this helps! :)
Answer:
Interest = $600
Explanation:
I = p r t
I = (5,000)(.04)(3) {multiply}
I = 600
Simple interest = $600