SOLUTION: What is the interest earned on $24,000 at 5% for 3 years?
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Question 1193337: What is the interest earned on $24,000 at 5% for 3 years?
Answer by ikleyn(52786) (Show Source): You can put this solution on YOUR website!
.
The (simple) interest is the product 24000*0.05*3.
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To see many other similar (and different) solved problems on simple interest accounts, look into the lesson
- Simple interest percentage problems
in this site.
Learn the subject from there.
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