asked 216k views
2 votes
Simple interest calculation

Simple interest calculation-example-1
asked
User Chanice
by
8.0k points

1 Answer

2 votes

Answer:

$ 1374.75

Explanation:

Simple interest = Principle amount * Rate * Time period / 100

= 9750 * 2.35 * 6 / 100

= $ 1374.75

answered
User Gabriel Spiteri
by
7.7k points

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