Question

$1,450, 2.5%, 2 years
What is the answer

Answer 1

Are you looking for simple interest? If so the answer is $72.50

Explanation:

To solve this you would use I=(p)(r)(t)

p= principal amount- $1,450

r= rate per year-2.5%

t= time- 2 years

Multiply 1450x0.025x2 to get your answer