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UNITS 25-26Find the interest on these problems25.32. Principal = $600, rate 10%, time = .5 yeara. 36b. 24c. 50 d. 30

UNITS 25-26Find the interest on these problems25.32. Principal = $600, rate 10%, time = .5 yeara. 36b. 24c. 50 d. 30
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UNITS 25-26Find the interest on these problems25.32. Principal = $600, rate 10%, time = .5 yeara. 36b. 24c. 50 d. 30

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User Manish Khandelwal
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7.8k points

1 Answer

3 votes

Solution

P = $600

R= 0.1

T=0.5


\begin{gathered} I=PRT \\ \\ I=600*0.1*0.5=30 \end{gathered}

Correct option is D

Principal $100, rate 1.5% 3 years


I=100*(1.5)/(100)*3=4.5

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User Sahan Amarsha
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