Question

Simple interest of 630$ for 4 years at 6.5%

Answer 1

Answer:The interest is: $163.80

Step-by-step explanation:      P is the principal amount, $630.00.

   r is the interest rate, 6.5% per year, or in decimal form, 6.5/100=0.065.

   t is the time involved, 4....year(s) time periods.

   So, t is 4....year time periods.

To find the simple interest, we multiply 630 × 0.065 × 4 to get that:

The interest is: $163.80

Answer 2

Answer:$163.9

Step-by-step explanation:

PRT

630×6.5/100×4