Question

Which best describes the error in finding the simple interest earned on $500 at 6% for 18 months? They did not convert $500 to cents. They did not multiply in the correct order. They did not place the decimal in the answer correctly. They did not convert 18 months to years. Question 2 Correct the error. The simple interest earned equals $ .

Answer 1

45

OThey did not covert the 18 months to year

Explanation:

I= PxRxT. 18/12=1.5

I=500x0.06x1.5

I=45