SOLUTION: find simple intrest of the 200000 is deposit for 4 year at rate of 12%
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Question 561015: find simple intrest of the 200000 is deposit for 4 year at rate of 12%
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
find simple intrest of the 200000 is deposit for 4 year at rate of 12%
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I(t) = Prt
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I(4) = 200,000*0.12*4 = $96,000
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Cheers,
Stan H.
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