SOLUTION: Please help me solve this problem: Mr. Perez deposited 10,000 pesos at a simple interest rate of 2% annually at the end of 3 years, what is the total interest earned?
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Question 886886: Please help me solve this problem: Mr. Perez deposited 10,000 pesos at a simple interest rate of 2% annually at the end of 3 years, what is the total interest earned?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
I=Prt
I=10000*0.02*3
I=600
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