Susan C. answered • 12/14/15

Tutor

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I love math, and I love to teach it.

Dear Tasean,

Principal= $100

Rate= 6%= .06=6/100 Always change the percentage either to a decimal or a fraction.

time= 3 years

Interest=?

Simple interest formula:

**I= p*r*t**Now, all you need to do is substitute the values into the equation andmultiply.

I=100*(6/100) *3

If I have helped you, please give me a thumbs up.

Susan C.