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Kobotan [32]
3 years ago
13

$720 , 4.25% , 3 months find the simple interest

Mathematics
1 answer:
irakobra [83]3 years ago
3 0

Answer:

let

i= simple interest

p= principal

t= time

r=rate

data given

p=$720

r=4.25%

t= 3months

i=?

from the formula

i=prt

i=$720×(4.25/100)×3

i=$720×0.0425×3

i=$91.8

therefore simple interest for 3 months is $91.8

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