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Jerry borrow $35,00 for 3 years at 7 1/2% simple interest rate how much interest rate he have to pay​
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5 votes
Jerry borrow $35,00 for 3 years at 7 1/2% simple interest rate how much interest rate he have to pay​

User Nives
by
2.9k points

1 Answer

4 votes

Answer:

787.50

Explanation:

interest=principle*rate*time/100

interest=3500*7.5*3/100

interest=35*7.5*3

interest=787.50

User Marrioa
by
3.4k points
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