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Today at 2:31 AM
Mathematics

Answered

I = PRT/100
where
I = simple interest
P = the amount of money invested
R = the interest rate
T = the period of time the money is invested for.
Carla invests £500 for 3 years at a rate of 5%.
How much simple interest does Carla earn?

Answer :

wegnerkolmp2741o wegnerkolmp2741o

Today at 2:36 AM

Answer:

75

Step-by-step explanation:

I = PRT/100

Substitute the values

in

I = 500 * 5 * 3 /100

I = 75

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