313,161 views
29 votes
29 votes
The simple interest on $2000 at 2% per annum for 3 months is

User Niyazi
by
2.6k points

2 Answers

11 votes
11 votes

Answer:

$10

Explanation:


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

User Pankaj Jha
by
2.6k points
13 votes
13 votes

Explanation:

s.i= P×T×R/100

=2000×0.25×2/100

= 1000/100

= 10

User Victorantunes
by
2.7k points