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Answer:
$4200
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 2%/100 = 0.02 per year,
then, solving our equation
I = 35000 × 0.02 × 6 = 4200
I = $ 4,200.00
The simple interest accumulated
on a principal of $ 35,000.00
at a rate of 2% per year
for 6 years is $ 4,200.00.
Answer:
I’m thinking $4200
Step-by-step explanation:
Because 35k at 2% for 6 years will get you that