Find the amount of simple interest earned for depositing the given principle in an account. P = $5400 r =

Question

Find the amount of simple interest earned for depositing the given principle in an account.
P
=
$5400
r
=
5.5%
t
=
6 months

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Hadley 1 month 2021-08-12T11:28:22+00:00 1 Answer 0 views 0

Answers ( )

    0
    2021-08-12T11:29:33+00:00

    Answer:

    1782

    Step-by-step explanation:

    SI= P×R×T/ 100

    SI= 5400×5.5×6/ 100

    SI=1782.00/100

    =1782

    If want to find ount then do the following SI+ principle

    =1782+5400= $7182

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