Question

$976 and 25% intrest for 4 years

Answer 1

1952.00

I=976

Explanation:

SIMPLE INTEREST FORMULA:

I- Interest

P- Principal

R- Rate

T-Time

P=976

R=25

T=4 years

976*25%4

25%=0.25

Solve.

Multiply.

976*0.25*4

976*0.25*4=976

I=976

976 and $1952.00, which is our answer.