3 years ago

Can anyone help I’ll give you brainliest

Mathematics

1 answer:

Oduvanchick [21]3 years ago

8 0

Answer:

Interest for 1 year is $80.50

Step-by-step explanation:

Simple interest is given by the formula

I =PRT

where I is the interest, P is the principal, R is the rate in decimal form, and T is the time.

P =3500

R=.023

T = 1 (1 year)

I = (3500) * (.023) (1)

I = 80.50

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