Question

what is the simple interest of $85, 4.5%, 3 years

Answer 1

Answer:$11.475

Step-by-step explanation:

Simple Interest= P*R*T/100. We have P = 85, R=4.5 and T= 3. We input our values into the above formula. We have 85x4.5x3/100=459/40= 11.475. thanks