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05-06-2020
Mathematics

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Find simple interest to the nearest cent for each principle, rate, and time. I= Prt. $1200, 3.9%, 2 years 6 months.

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wegnerkolmp2741o wegnerkolmp2741o

05-06-2020

Answer:

117.00

Step-by-step explanation:

I = prt where i is the interest , p is the principal r is the rate and t is the time in years

2 years 6 months is 2.5 years

I = 1200 * .039* 2.5

I =117

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