martinhaley101 martinhaley101

18-04-2017
Mathematics

contestada

Find the interest due on $5,000 at 11% for 3 years.

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SquishySquid SquishySquid

18-04-2017

For simple interest the answer would be $6650 but for compound interest it would be $6838.16 I hope this helped ^^ (It is $1650 extra for simple interest and $1838.16 for compound)

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Aliwohaish12 Aliwohaish12

18-04-2017

I=prt
I=5,000×0.11×3
I=1,650

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