poptartcats
poptartcats poptartcats
  • 26-03-2021
  • Mathematics
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What is the simple interst on $32,000 at 7% interest for 6 months?

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rijarafiquee
rijarafiquee rijarafiquee
  • 27-03-2021

Answer:

$ 33120

Step-by-step explanation:

SI = P(1 + rt)

= 32,000 [ 1 + (0.07) (0.5) ]

= 32,000 (1 + 0.035)

= 32,000 (1.035)

= 33120

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