1 year ago

What is the simple interest that is missing from the table? Use the formula mc012-1.jp

Mathematics

1 answer:

Sphinxa [80]1 year ago

3 0

The simple interest is $24.75.

<h3>What is the simple interest?</h3>

The simple interest that is paid on an amount of money is a function of the amount deposited, time and interest rate.

Simple interest = amount deposited x time x interest rate

$375 x 0.022 x 3 = $24.75

To learn more about simple interest, please check: brainly.com/question/27328409

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