Question

1,000, 2% , 9 months find the simple interest

Answer 1

I = 15

Explanation:

The formula for finding interest is I=PRT.

I = Interest

P = Principal (dollars)

R = Rate (percent in decimal form)

T = time (in years)

So, I = 1000×0.02×0.75

Multiply those numbers, and get 15 as interest.