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Find the amount of simple interest. $72.80, 4 1/4%, 2 years
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5 votes
Find the amount of simple interest. $72.80, 4 1/4%, 2 years

User Norma
by
5.7k points

1 Answer

5 votes

Answer:

Explanation:

I = (P × R × T)/100

P = $72.80, R = 4 1/4 = 17/4, T = 2yrs

I = (72.8 × 17/4 × 2)/100

I = $6.19

User Neale
by
5.7k points
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