Final answer:
The calculation of simple interest on GHC 130.00 for 5/2 years at a 12% rate results in GHC 39.00, corresponding to option (a).
Step-by-step explanation:
The question is asking us to calculate the simple interest on an amount of GHC 130.00 for a period of 5/2 years at an annual interest rate of 12%. Simple interest can be calculated using the formula:
Simple Interest (SI) = Principal (P) × Rate (R) × Time (T)
where P is the principal amount, R is the rate of interest per annum, and T is the time period in years.
To find the simple interest for this question, we would plug the values into the formula:
SI = 130 × 0.12 × (5/2)
SI = 130 × 0.12 × 2.5
SI = GHC 39.00
Therefore, the simple interest for the given conditions would be GHC 39.00, which corresponds to option (a).