Question

UNITS 25-26Find the interest on these problems25.32. Principal = $600, rate 10%, time = .5 yeara. 36b. 24c. 50 d. 30

Answer 1

P = $600

R= 0.1

T=0.5

`\begin{gathered} I=PRT \\ \\ I=600*0.1*0.5=30 \end{gathered}`

Correct option is D

Principal $100, rate 1.5% 3 years

`I=100*(1.5)/(100)*3=4.5`