Question

Find the simple Interest

I=?
P=$1300
R= 5%
T=6 years
$390
$1690
O $39000

Answer 1

Explanation:

P =$ 1300

R = 5% = 0.05

T = 6 years

I = P * R *T

= 1300 * 0.05 * 6

= $ 390