Respuesta :
Answer:
Total interest will $1800 after 5 years.
Step-by-step explanation:
It is given that the principle amount is $6000.
Rate of interest rate is 6% per annum.
Total interest is $1800.
Formula for simple interest is
[tex]I=\frac{P\times r\times t}{100}[/tex]
Where, P is principle, r is rate of interest in percent and t is time in years.
Substitute P=6000, r=6 and I=1800 in the above formula.
[tex]1800=\frac{6000\times 6\times t}{100}[/tex]
[tex]1800=\frac{36000t}{100}[/tex]
[tex]1800=360t[/tex]
Divide both sides by 360.
[tex]\frac{1800}{360}=t[/tex]
[tex]5=t[/tex]
Therefore the total interest will $1800 after 5 years.
