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Mathematics

Answered

An account earns simple interest. Find the missing value.
Interest Earned: $45
Principal: ?
Interest rate: 3%
Time: 2 years.

Answer :

Sanjibbatajugo Sanjibbatajugo

Answer:

2.7

Step-by-step explanation:

SI = (P*T*R)/100

P = 45$

R = 3 percent

T = 2 years

Now,

SI = (P*T*R)/100

= (45*2*3)/100

= 2.7$

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