Question

what is the simple interest paid to the nearest cent for $1000, at 5%, for 2 years?

Answer 1

Step-by-step explanation:

just look into for dollars if u wanna convert it into rupees then multiply 75 with 100

Answer 2

Answer:

si=R×p×y/100

=1000×5×2/100

=10×5×2

=10×10

=100%