Answer to Question #280737 in Financial Math for sofía

Question #280737

calculate the simple interest of $850 is invested at 7% per annum for 2 years


1
Expert's answer
2021-12-20T07:53:50-0500

"Simple\\space interest=Principal\u00d7rate \u00d7time\\\\=850\u00d7\\frac{7}{100}\u00d72\\\\=119"


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS