rachonda11 rachonda11

26-08-2017
Mathematics

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What is the interest on $800 at 6% for 4 years?

A. $192.00
B. $48.00
C. $182.00
D. $19.20

Respuesta :

Аноним Аноним

26-08-2017

Principle (P) = $ 800

Rate (R) = 6%

Time (T) = 4 years

Simple Interest = [tex] \frac{PRT}{100} = \frac{800*6*4}{100} = \frac{8*6*4}{1}[/tex] = $ 192

Hence, the interest is $192--- A.

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