How do you do this problem: find the simple interest when $6,000 is deposited at an interest rate of 3% for 4 years.

The simple interest is $720.

Step-by-step explanation:

This is a simple interest problem.

The simple interest formula is given by:

In which E are the earnings, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.

In this problem, we have that:

So

The simple interest is $720.

b

step-by-step explanation:

it have 5 sides and 5 identicle angle.the rest does not have the same property as b.

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