Question

PLEASE HELPPPPPP MEEEEE

Answer 1

Interest earned is $8.75

Total amount of money earned = 708.75

Explanation:

Principal = 700

Rate = 2.5%

Time = 6 months = 6/12 years = 0.5 years

Interest = PTR/100

= 700x0.5x2.5/100

= 8.75

Total amount = P + I

= 700 + 8.75

= 708.75