ochoasantosamerica ochoasantosamerica
  • 03-11-2020
  • Mathematics
contestada

What interest does $ 48,000 produce, placing at 5% simple annual interest, for 3 years?

Respuesta :

distalulna distalulna
  • 03-11-2020

Answer:

7,200

Step-by-step explanation:

Simply multiply 48,000 by .05, which equals 5%, and multiply that answer by 3, the amount of years.

Answer Link
carinagrossman
carinagrossman carinagrossman
  • 03-11-2020

Answer: 7,200

Step-by-step explanation:

5% of 48000 is 2400 so 3 x 2400 is 7200

Answer Link

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