asked 85.3k views
3 votes
Find the simple interest on a balance of 1,850 with a rate of 3.5% for 10 years

asked
User Blecaf
by
8.3k points

2 Answers

2 votes

Answer:


si = (prt)/(100) \\ (1850 * 10 * 35 )/(100 * 10) \\ (647500)/(1000) = 647.5

answered
User Boxdog
by
8.2k points
5 votes

Answer: 3.0 for the rate

Explanation:

you subtract it

answered
User ProfVersaggi
by
7.4k points

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