posted by jasmine20 on .
Can you check this one for me i want to make sure.
The simple interest I on a principal of P dollars at Interest rate r for time t, in years, is given by I=PrT.Find the simple interest on aprincipal of $6000 at 3% for 2years.
I got the following:
I= 6000 x 0.03 x 2
Thank you :)