Question

Please what is the solution for the question above.......

Answer 1

Answer:

A

Step-by-step explanation:

simple interest (I) is calculated as

I = $\frac{PRT}{100}$

P is the principal. R the rate of interest and T the time in years

Here P = 880000, R = 3.5 and T = 2.5 , then

I = $\frac{880000(3.5)(2.5)}{100}$

 = 8800 × 3.5 × 2.5

 = 77000 → A