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18 October, 20:30

What is the simple interest value missing in the table? Principal $2,500 Interest rate 3.5% Time 5 years Interest? $43.75 $437.50 $4,370.50 $43,750.00

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  1. 18 October, 20:41
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    Step-by-step explanation:

    Simple interest = PTR/100

    Where P=$2500, T=5years, R=3.5%

    Simple Interest = $2500*5*3.5/100

    =$43750
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