Question

Find the simple interest and amount in each of the following:

(a) P = $1800 R = 5% T = 1 year

(b) P = $2600 R = 12% T = 3 years

(c) P = $3125 R = 15% T = 73 days

(d) P = $5660 R = 11% T = 9 months

(e) P = $180 R = 3% T = 1¹/₄ year​

Answer 1

Answer:

Now do the rest by converting the time period and using the given formulas