What is the interest earned on a $1200 deposit with a 6.5% interest rate for 3 years?

$234

Step-by-step explanation:

P is the principal amount, $1200.00.

r is the interest rate, 6.5% per year, or in decimal form, 6.5/100=0.065.

t is the time involved, 3year(s) time periods.

So, t is 3year time periods.

To find the simple interest, we multiply 1200 × 0.065 × 3 to get that:

:) hope this helps

i think that you should ask google for the answer to that problem because if we don't know it google does

first one because it can't have a fraction in it

step-by-step explanation: