Math, asked by vand10442, 8 months ago

Celine invests $800 for 5 month at 3% simple interest per year.
Calculate the interest she receives.

Answers

Answered by anilstan2942

4

Answer:

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Answered by rifqaalsayegh2006

8

Answer:

10%

Step-by-step explanation:

The formula for simple interest is I = PRT
P= Principle (amount of money invested), R= rate%, T= time in years

I=PRT/100
So I = 800 * 3% * (5/12) (convert 5 months to years)

I = 10%

Hope this helps!

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