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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