Answer:
The required equation for the amount of Simple Internet = [tex]\frac{450,000 \times 1 \times 3.5}{100}[/tex]
Step-by-step explanation:
Here , Principal amount = $450,000
Time = 1 year
Rate of Interest = 3.5%
Now,SIMPLE INTEREST = [tex]\frac{P \times R \times T}{100}[/tex]
So, here SI = [tex]\frac{450,000 \times 1 \times 3.5}{100}[/tex]
Hence, the required equation for the amount of Simple Internet = [tex]\frac{450,000 \times 1 \times 3.5}{100}[/tex]
Answer:
equation: (450000)(.035)(1)
amount of interest: 15750
Step-by-step explanation:
