Question

Find the simple interest on a balance of 1,850 with a rate of 3.5% for 10 years

Answer 1

`si = (prt)/(100) \\ (1850 * 10 * 35 )/(100 * 10) \\ (647500)/(1000) = 647.5`

Answer 2

Answer: 3.0 for the rate

Explanation:

you subtract it