lumpklor000 lumpklor000
  • 18-10-2019
  • Mathematics
contestada

Find the simple interest.
Principal $5000
Rate12%
Time 2 1/2 years
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Respuesta :

junlisule
junlisule junlisule
  • 18-10-2019
  1. formular
  2. I= PRT ÷ 100
  3. I= $5000×12×2.5 ÷100
  4. I =$150000÷100
  5. I=$1500
  6. Therefore the simple interest will be $1500
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