Question

find the simple intrest Principal $500 Rate 6.3% Time 1/2 the simple intrest is $ simplify answer write in decimal or integer

Answer 1

\[S.I=\frac{ P \times R \times T }{ 100 }\]
S.I=Simple Interest
P=Principal
R=Rate
T=Time

Answer 2

is 15.75 correct

Answer 3

yes..

Answer 4

500(1+.063)^1/2=515.51 an increase of 15.51