Happyface05idn
Answered

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Kardo deposite Php 6,500 in a simple interest account that pays 2.8% interest annually. If Ben leaves the money in the account for 12 years, how much interest will he earn?

Sagot :

FROG24idn

Answer:

[tex]\bold{\huge{Php \: 2,184.00}}[/tex]

Step-by-step explanation:

[tex]\sf{Interest \: (I) \: = \: Principal \: (P) \: × Rate \: of Interest \: (RI) × \: Time \: (T)}[/tex]

[tex]\sf{= \: Php \: 6,500 \: × \: 2.8 \% \: × 12 \: year}[/tex]

[tex]\sf{= \: Php \: 6,500 \: × \: 0.28 \: × 12}[/tex]

[tex]\sf{= \: Php \: 2,184.00}[/tex]

#CarryOnLearning

solution:

Php 6,500 × 2.8% × 12 years

[tex] = \frac{6500 \times 2.8}{100} 12[/tex]

[tex] = \frac{18200}{100} 12[/tex]

[tex] = 182 \times 12[/tex]

[tex] = 2184[/tex]

Answer is Php 2184.00

Carry On Learning

#BrainlyChallenge2022