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Please answer the question-example-1
User SNA
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2 Answers

5 votes

Answer:

option 1

Explanation:

this is the answer 375

Please answer the question-example-1
User Rich Tolley
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The formula for simple interest is: PRT/100, where P is the deposit, R is the interest rate and T is the time. In this case, P is $5000, R is 2.5 and T is 3. After subbing in the values into the formula, you’ll get option A ($375) as your answer. Feel free to clarify if you have any question after looking at my solution!
Please answer the question-example-1
User JuliusG
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