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Find the simple interest: Principal: $1750 Interest Rate: 2% Time: 9 years

2 Answers

1 vote

Answer:

315

Explanation:

To find simple interest you multiply all your numbers together.

But before you do anything you need to convert your interest rate into a decimal (you move the decimal two times to the left or divide it by 100)

Therefore , you will multiply 1750 * .02 * 9

which equals 315

User Shannon Kendrick
by
4.7k points
3 votes

Answer:

2,065.00

Explanation:

User Santosh Kadam
by
4.4k points