rollinsraymiri
rollinsraymiri rollinsraymiri
  • 19-06-2020
  • Mathematics
contestada

Find the simple interest for 3 years at a rate of 7.5% on $200

Respuesta :

TheAnimeGirl
TheAnimeGirl TheAnimeGirl
  • 19-06-2020

Answer:

$45

Solution,

Principal (P)=$200

Time(t)=3 years

Rate(R)=7.5%

Now,

Simple Interest=PTR/100

=200*3*7.5/100

=4500/100

= $45

Hope it helps

good luck on your assignment

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