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If you deposit $3000 in your bank with a interest of 3% for 2 years , how much will you make in interest?
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@AkashdeepDeb
SI=P*R*T R=0.03 Now put it in the equation. Understood?
So 3000 x 0.03? or 3000/0.03?
It is multiplied right? And multiply it with TIME also!! :)
What is TIME?
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Like how many years @twilaswift
Oh okay! So 3000 x 0.03 x 2?
Yeah
Exactly! :)
The answer is 3003.03?
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180
okay! Thanks!
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