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RSB [31]
3 years ago
9

HELLLPPPP

Mathematics
1 answer:
Anni [7]3 years ago
5 0

Answer:

<h3>$ 42.625 is the correct answer .</h3>

Step-by-step explanation:

principal ( p ) = $3100

Rate ( R ) = 5.5 %

Time ( T ) = 3 months

( convert months into year)

= 3/12 year

Simple Interest ( I ) = ??

By using formula ,

simple Interest ( I) = PTR / 100

=$3100 × 5.5 % × 3/12 ÷ 100

= 3100 × 5.5 × 3 ÷ 100 × 12

= 51150 ÷ 1200

= 42.625

= $ 42.625

Thank you ☺️☺️☺️

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<em>Additional comment</em>

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