contestada

A
Simple interest on $2,900 at 7 percent for 60 days
(using ordinary interest) is:
C
.
=
O $33.83
O $38.33
OLCU
$33.73
O none of the above​

Respuesta :

absor201

Answer:

33.37

Step-by-step explanation:

Given:

Principle amount, p=2900

Interest, i=0.07

time,t=60 days

         = 60/365

Simple interest= P*i*t

                         = 2900*0.07*(60/365)

                          =33.37 !

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