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GaryK [48]
3 years ago
14

Find the simple interest: $1,000, 5%, 2 years

Mathematics
2 answers:
omeli [17]3 years ago
6 0

Answer:

si= prt÷100 =100rs.....do tell me if my answer is right then thank and mark me as brainlist

VladimirAG [237]3 years ago
3 0

9514 1404 393

Answer:

  $100

Step-by-step explanation:

The interest formula is useful.

  I = Prt

where P is the principal, r is the annual rate, and t is the number of years.

Using your numbers, this is ...

  I = $1000×0.05×2 = $100

The simple interest is $100.

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