isabellarosalini10 isabellarosalini10

07-12-2020
Mathematics

contestada

In this situation, simple interest is calculated yearly.
How much interest was earned?
Principal: $12,000; Time: 2 years: Interest rate: 10%; Interest: ?

Respuesta :

name8564 name8564

07-12-2020

Answer:

1,200

Step by step explanation:

10% of 12000 is 1200 so the interest is 1200

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