kitkat8424
Answered

Formula= simple interest= principal times annual interest rate in decimal form times time

The principle is $1200, the interest rate is 2% and the time is five years what is the interest earned?

Answer :

234483279c20

Answer: I = $ 120.00

Step-by-step explanation:

⇒I = 1200 × 0.02 × 5 = 120

⇒I = $ 120.00← as my final answer

*Hopefully this helps:)Mark me the brainliest:)

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