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19 votes
The simple interest on $2000 at 2% per annum for 3 months is

User Saitho
by
4.2k points

2 Answers

10 votes

Answer:

$10

Explanation:


2000 * .02 * (1)/(4) = 10

User Jamida
by
4.8k points
10 votes

Explanation:

s.i= P×T×R/100

=2000×0.25×2/100

= 1000/100

= 10

User Kenji Yoshida
by
4.6k points