Paco, the class president, surveys 280 students about the prices in the school cafeteria 70% of
1 answer:
You might be interested in
The simple interest on the principal amount of $725 at a rate of 3.25% for 6 months is $736.78
<h3>What is simple interest? </h3>Simple interest is calculated on the loan principal amount or the initial deposit into a savings account. It can be determined by using the formula:
where:
- P = principal = $725
- R = rate = 3.25%
- T = time = 6 months = 0.5 years
S.I = $736.78
Learn more about simple interest here: