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prs7AA0niselaninebak
prs7AA0niselaninebak prs7AA0niselaninebak
  • 04-08-2016
  • Mathematics
Answered

Calculate the amount of interest on $1200.00 for one year at an annual rate of 4 %.

Verified Answer :

yadvi3
yadvi3 yadvi3
  • 04-08-2016

Interest = (PRT)/100 = (1200×4×1)/100 = $48

Answer Link
linediasimon
linediasimon linediasimon
  • 04-08-2016

the amount of interest is $148

Answer Link

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