Does anyone know how to do simple interest for 7th grade math? I need a tutorial or an example please, thanks. A question exampl e is $750, 7%, 3 years.
1 answer:
Answer:
750/100 X 7 = 52.50
52.50 X 3 = $157.50
Step-by-step explanation:
divide principal amount by 100 then multiply by interest percentage. this gave 52.50
now multiply the interest amount by number of years
in this case 3
52.50 X 3 = $157.50
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