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

User Blecaf
by
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2 Answers

2 votes

Answer:


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

User Boxdog
by
5.6k points
5 votes

Answer: 3.0 for the rate

Explanation:

you subtract it

User ProfVersaggi
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5.3k points
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