SOLUTION: find the simple interest.
principal Rate Time
$700 8% 2 years
The interest is $=
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Question 823658: find the simple interest.
principal Rate Time
$700 8% 2 years
The interest is $=
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
find the simple interest.
principal Rate Time
$700 8% 2 years
The interest is $=
-----
Interest = Principal*rate*time
------
I = 700*0.08*2 = $112
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Cheers,
Stan H.
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