Question

HELP
Find the simple interest for each of the following.
Round to the nearest cent.

$7,064 at 6.5% for 8 months


$306.11
$3,673.28
$3,061.07
$367.33

Answer 1

@pooja195

Answer 2

do you know the formula for simple interest?

Answer 3

Uhm I=pXrXt

Answer 4

@phi

Answer 5

yes. but I would leave out the multiply signs (too confusing)
I = p r t

to use this, you want to find the number for p (the principal , the amount borrowed)
also the rate "r"
and the time "t" (in years)

can you find those numbers?