Can someone explain how they got 3750 step by step i keep ge
Can someone explain how they got 37.50 step by step i keep getting 30.00
$2,000 × 0.06 × 90 / 360 $37.50Solution
Dont worry. You\'re right.
There might be a mistake .
$30 is the correct answer
Principal = $2000
Rate = 6%
Time = 3 months
Interest = P x R x T
= 2000 x 6% x (90/360)
=$30
