$4500 principal, 9% rate, 3.5 years. find the simple interest

Question

asked Jan 7, 2020 192k views

1 Answer

Ruyili · Answer 1 · 2020-01-13T12:40:04+0000

Answer:

Formular - I =PRT ÷100

I=$4500×9×3.5 ÷100

I=$141750÷100

I=$1417.5

Therefore the simple interest will be $1417.5