Question

find SI on $8000 for 3 years at 2.5% per annum​

Answer 1

Answer:

Step-by-step explanation:

Formula for SI: principle x year x interest rate/100

Where, principle: 8000

Year: 3

Interest: 2.5%

So apply these terms in the question

SI: 8000 X 3 X 2.5/100

SI: 600 as your answer