carolinabaque17 carolinabaque17
  • 05-04-2020
  • Mathematics
contestada

Terry deposits $1800 into a bank account that earn 2% simple interest per year, how much interest he will earn after 5 years

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fayemioluwatomisin
fayemioluwatomisin fayemioluwatomisin
  • 05-04-2020

Answer:$180

Step-by-step explanation:

To find the simple interest on

$1800 deposit on 2% for 5years

I=prt/100

I=1800×2×5/100

I=$180

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