Respuesta :

2016

1% is 48
7% 336 [1 year]
6 years is 2016

Answer:

$2016

Step-by-step explanation:

Simple Interest equation: I = Prt

So,

P = $4800

r = [tex]\frac{7}{100}[/tex] = 0.07

t = 6

I = (4800) · (0.07) · (6)

Thus,

The simple interest is $2016.

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