22-05-2020
Mathematics

contestada

ishmal invested £3500 for 3 years at 2.5% per annum simple interest. Work out the total amount of interest Ishmal earned.

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Tundexi Tundexi

22-05-2020

Answer:

Interest Earned is $262.5

Step-by-step explanation:

Interest=PRT/100

When P=Principal, R=Rate, T=Time

Interest earn =( 3500 x 3 x 2.5)/ 100

I=$26,250 / 100

I=$262.5

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