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shahfaisal
18.06.2020 •
Mathematics
Anna invests $875 into an account and receives 4% simple interest for 24 months. How much simple interest will she earn??
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Ответ:
£70
Step-by-step explanation:
simple interest (I) is calculated as
I =![\frac{PRT}{100}](/tpl/images/0688/9502/17229.png)
where P is principal, R is rate of interest and T is time in years.
Note that 24 months = 2 years, thus
I =
=
= £70
Ответ: