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First one 33³33322w22ww​

First one 33³33322w22ww​-example-1
User InContext
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10 votes

Explanation:


\underline{ \underline{ \text{Given}}}:

  • Principal ( P ) = $ 6,500
  • Rate ( R ) = 2.8 %
  • Time ( T ) = 12 years


\underline{ \underline{ \text{To \: find}}} :

  • Simple Interest


\underline{ \underline { \text{Solution}}} :


\boxed{ \sf{Simple \: Interest = (PTR)/(100)}}

where ,

  • Principal ( P ) is the sum of money on which the interest to be earned.
  • Interest Rate ( R ) is the percentage at which interest accrued over time.
  • Time ( T ) is the length of period in years

~ Plug the known values and then simplify !


\tt{ (6500 * 12 * 2.8)/(100)}


\tt{ (218400)/(100)}


\tt{ \$ \: 2184 \: }


\red{ \boxed{ \boxed{ \tt{Our \: final \: answer : \boxed{ \underline{ \tt{rs \: 2184}}}}}}}

Hope I helped ! ♡

Have a wonderful day / night ! ツ

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User Deniz Ozger
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