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kvasek [131]
3 years ago
13

Compute the amount of interest earned in the following simple interest problem.

Mathematics
1 answer:
Mumz [18]3 years ago
4 0

Answer:

Step-by-step explanation:

P = $295

r =7%

t = 270 days = 270/365

Interest = Prt

=295*\frac{7}{100}*\frac{270}{365}\\\\= 15.28

= $ 15.28

Amount  = 295 + 15.28

Amount = $310.28

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