Wednesday

March 4, 2015

March 4, 2015

Posted by **Jasmine20** on Monday, December 11, 2006 at 7:40pm.

Business and finance. The simples interest I on a principle of P dollars at interest rate r for time t, in years, is given by I= Prt. Find the simple interest on a principal of $6000 at 3% for 2 years.

Simple Interest = Principle x Rate x Time (in years)

**Answer this Question**

**Related Questions**

math/algebra - please check my answers Suppose that the temperature outside is ...

math - the total amount of interest on this loan of $6000 for 150 days is $210....

Math - A=P(1+r)^2 A= interest P= principle interest r= interest rate t= time in ...

drbob222 - Can you check this one for me i want to make sure. The simple ...

Business Math - What is the rate if the interest is $1,200, the time is 3 years ...

Algebra 2 - P dollars equals to an interest rate r for T years= T=P+Prt. An ...

Plz Hel, word problem:) - I have tried hard to solve, but I'm stuck.... Let’s ...

Math - The nominal rate of interest is 8% and the rate of inflation is 5%. A ...

Math - What is the principle and the interest? A=$2719.50 P= ? r=6.1% t=20 years...

Finance - Calculate the simple interest and maturity value. Principle $16,000 ...