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e-lub [12.9K]
4 years ago
6

El Bowen borrowed $10,000 for 3 years 13.75% rate of interest. Find the simple interest.

Mathematics
1 answer:
aniked [119]4 years ago
5 0

Answer:$4125

Step-by-step explanation:

Using the I = P x R x T formula, we can find the simple interest. Substitute all the values into this equation and you get : I = 10,000 x 13.75 x 3. Once you multiply all the values, $4125 is the answer you get. :)

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