korryreed72 korryreed72

23-04-2021
Mathematics

contestada

What is the simple interest on $450 at 7% for 2 years?

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esdlt720 esdlt720

23-04-2021

Answer:

I = $220.50

Step-by-step explanation:

Simple Interest Formula is I = prt

P= Principal $450

R= Rate 0.07

T= Time 7 years

I = (450)(0.07)(7)

I= $220.50

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anthony06ram anthony06ram

23-04-2021

$220.50
That’s the answer

Answer Link

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