Question

What is the simple interest , help asap . thank you .
$ 850 , 4% , 6 months

Answer 1

I = 2.04.

Explanation:

From the question we are asked that what is the simple interest ,

$ 850 , 4% , 6 months

using the formula

simple interest = prt/100

I = interest

P= principal

R = rate.

our P = $850

R = 4% = 4/100 = 0.04

T = 6months

I = (850 × 0.04 × 6)/ 100

I = 204/100

I = 2.04.