Answered

Peter inherits 15.000 dollar and he place money with the bank. The interest rate are 3 percent. How many money he get after 1 year ?

Sagot :

BookerNotDewittviz
I = Prt
where: 
I- investment, P-principal amount/capital, r- rate and t- time

I= (15,000) ( 0.03%) (1)
I = 15,685

i'm not 100% sure with this though because it's been a while but i think it's correct (80% sure of it, lol).