Question

Any help please I appreciate it

Answer 1

Answer: answer= 2230.4 Simple interest

Step-by-step explanation:

Remember to use the PTR/100 method. Principal (amount of money-2,560$) Time (17months) and rate (5.125%) /100 (divided by 100)

2560$*17*5.125/100= 2230.4

key- * means multiply

/ means divide

:)

remember, simple interest stays the same every year but compound interest does not.

Answer 2

Answer:

Your P= 2560

R= 5.125

T= 17

Now just calculate.

Step-by-step explanation:

I = P.R.T

I = 2560*5.125*17

I = 223,040

Also divide this by 100, i.e

I = 2230.4