supermjh13 supermjh13
  • 03-05-2020
  • Mathematics
contestada

How much interest is earned on $300 at 6% for 6 years?

Respuesta :

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xops xops
  • 03-05-2020

Answer:

108 dollars

Step-by-step explanation:

First, let's convert 6% to a decimal.

We get 0.06 because we multiplied (or divided by 100) it by 1/100.

Now, let's do 0.06 * 300 to get interest on one year. This equals to 18$

Let's now do 18 * 6 to get

108 dollars

Answer Link
randalljacey randalljacey
  • 27-05-2022

Answer:

one hundred and eight dollars

Step-by-step explanation:

Answer Link

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