santiagogoncalves07 santiagogoncalves07
  • 19-03-2021
  • Mathematics
contestada

A principal of $19,500 is invested at 6% annual simple interest for 9 years. How much interest is earned?

Respuesta :

fnej
fnej fnej
  • 19-03-2021

Answer:

$10,530

Step-by-step explanation:

I = Prt

P = 19500

r = 0.06

t = 9

I= 19500 x 0.06 x 9

I = 10530

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